| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $735.6K | -6.2% | 88.5% |
| Op. Income | -$80.2K | -$125.6K | -$278.8K | 36.2% | 71.2% |
| Gross Margin | 32.9% | 24.1% | 32.1% | 8.8pp | 0.8pp |
| Net Margin | -5.8% | -8.5% | -38.0% | 2.7pp | 32.2pp |
| EPS (Diluted) | $-0.02 | $-0.03 | $-0.08 | 38.2% | 75.8% |
| Free Cash Flow | -$414.7K | -$604.4K | -$174.8K | 31.4% | -137.3% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $930.5K |
| GROSS PROFIT | $455.9K |
| R&D Expenses | $121.6K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $414.5K |
| Other Expenses | $0 |
| Operating Expenses | $536.1K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$80.2K |
| Interest Income | $0 |
| Interest Expense | $304 |
| Other Income/Expenses | -$304 |
| INCOME BEFORE TAX | -$80.5K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$80.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$80.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$80.5K |
| D&A | $7.6K |
| EBIT | -$80.2K |
| EBITDA | -$72.6K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$80.5K |
| Depreciation & Amortization | $7.6K |
| Stock-Based Compensation | $2.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$306.7K |
| OPERATING CASH FLOW | -$376.6K |
| Capital Expenditure | -$38.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$38.1K |
| Net Debt Issuance | -$2.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $25.1K |
| NET CASH FROM FINANCING | $22.9K |
| FREE CASH FLOW | -$414.7K |
| Net Change in Cash | -$391.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $826.8K |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $137.8K |
| Goodwill | $0 |
| Intangible Assets | $49.8K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $187.6K |
| TOTAL ASSETS | $4M |
| Account Payables | $644.7K |
| Short-Term Debt | $0 |
| Deferred Revenue | $258.9K |
| Other Current Liabilities | $90.0K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $7.5K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $120.4K |
| Additional Paid-In Capital | $48M |
| Retained Earnings | -$46M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $16.9K |
| Net Debt | -$1M |
