| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $3M | $5M | 29.7% | -14.3% |
| Op. Income | -$373.7K | -$1M | $969.8K | 67.6% | -138.5% |
| Gross Margin | 5.8% | -16.2% | 25.4% | 22.0pp | -19.6pp |
| Net Margin | -27.5% | -56.3% | 65.5% | 28.8pp | -93.0pp |
| EPS (Diluted) | $-0.03 | $-0.04 | $0.08 | 36.8% | -133.9% |
| Free Cash Flow | $708.4K | -$770.2K | $339.9K | 192.0% | 108.4% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $244.7K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $618.4K |
| Other Expenses | $0 |
| Operating Expenses | $618.4K |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$373.7K |
| Interest Income | $0 |
| Interest Expense | $286.7K |
| Other Income/Expenses | -$706.5K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $84.0K |
| 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 | $258.0K |
| EBIT | -$793.5K |
| EBITDA | -$535.5K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $258.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $85.9K |
| Other Non-Cash Items | $623.4K |
| Change in Working Capital | $976.0K |
| OPERATING CASH FLOW | $779.2K |
| Capital Expenditure | -$70.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $708.4K |
| Net Change in Cash | $78.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $114.0K |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $696.0K |
| Other Current Assets | $216.0K |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $500.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $25M |
| Account Payables | $13M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $26M |
| Common Stock | $99M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$107M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1M |
| TOTAL LIABILITIES & EQUITY | $25M |
| Total Debt | $7M |
| Net Debt | $7M |
