| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $968.0K | — | $588.2K | — | 64.6% |
| Op. Income | -$374.5K | — | $184.7K | — | -302.8% |
| Gross Margin | 24.9% | — | 83.1% | — | -58.2pp |
| Net Margin | -134.4% | — | 21.3% | — | -155.7pp |
| EPS (Diluted) | $-16.45 | — | $-5.25 | — | -213.3% |
| Free Cash Flow | $31.1K | — | $78.6K | — | -60.4% |
| Item | Amount |
|---|---|
| REVENUE | $968.0K |
| Cost of Revenue | $727.3K |
| GROSS PROFIT | $240.7K |
| R&D Expenses | $103.9K |
| Selling & Marketing | $13.0K |
| General & Administrative | $495.5K |
| SG&A Expenses | $508.5K |
| Other Expenses | $0 |
| Operating Expenses | $615.2K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$374.5K |
| Interest Income | $0 |
| Interest Expense | $338.5K |
| Other Income/Expenses | -$926.6K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $2.8K |
| EBIT | -$962.5K |
| EBITDA | -$959.7K |
| EPS | -$16 |
| EPS Diluted | -$16 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $2.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $774.9K |
| Change in Working Capital | $580.1K |
| OPERATING CASH FLOW | $56.9K |
| Capital Expenditure | -$25.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$25.8K |
| Net Debt Issuance | -$196.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$196.5K |
| FREE CASH FLOW | $31.1K |
| Net Change in Cash | -$165.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | -$309.7K |
| Short-Term Investments | $0 |
| Net Receivables | $51.3K |
| Inventory | -$472.1K |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $361.2K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $361.2K |
| TOTAL ASSETS | $3M |
| Account Payables | $133.3K |
| Short-Term Debt | $850.0K |
| Deferred Revenue | $50.8K |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $234.0K |
| TOTAL LIABILITIES | $5M |
| Common Stock | $166.4K |
| Additional Paid-In Capital | $1M |
| Retained Earnings | -$3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5.5K |
| Other Equity | $5.5K |
| TOTAL STOCKHOLDERS' EQUITY | -$2M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $1M |
| Net Debt | $1M |
