| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $968.0K | — | 241.9% | — |
| Op. Income | -$905.6K | -$374.5K | — | -141.8% | — |
| Gross Margin | 8.1% | 24.9% | — | -16.8pp | — |
| Net Margin | -40.6% | -134.4% | — | 93.8pp | — |
| EPS (Diluted) | $-16.80 | $-16.45 | — | -2.1% | — |
| Free Cash Flow | $2M | $31.1K | — | 5585.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $267.7K |
| R&D Expenses | $600.3K |
| Selling & Marketing | $12.6K |
| General & Administrative | $556.9K |
| SG&A Expenses | $569.5K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$905.6K |
| Interest Income | $0 |
| Interest Expense | $24.7K |
| Other Income/Expenses | -$436.7K |
| 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 | $3.6K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$17 |
| EPS Diluted | -$17 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $3.6K |
| Stock-Based Compensation | $85.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $416.7K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$15.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15.9K |
| Net Debt Issuance | $107.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $107.5K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | -$285.4K |
| Short-Term Investments | $0 |
| Net Receivables | $50.0K |
| Inventory | -$175.5K |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $348.1K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $348.1K |
| TOTAL ASSETS | $6M |
| Account Payables | $110.4K |
| Short-Term Debt | $807.5K |
| Deferred Revenue | $79.3K |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $9M |
| 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 | $10M |
| Common Stock | $167.3K |
| Additional Paid-In Capital | $1M |
| Retained Earnings | -$5M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3.3K |
| Other Equity | $3.3K |
| TOTAL STOCKHOLDERS' EQUITY | -$3M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3M |
| TOTAL LIABILITIES & EQUITY | $6M |
| Total Debt | $1M |
| Net Debt | $1M |
