| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $7M | $4M | -18.2% | 42.7% |
| Op. Income | -$264.5K | -$3M | -$373.7K | 91.2% | 29.2% |
| Gross Margin | 13.2% | -24.1% | 5.8% | 37.3pp | 7.4pp |
| Net Margin | -10.7% | -1.1% | -27.5% | -9.6pp | 16.8pp |
| EPS (Diluted) | $-0.01 | $-0.00 | $-0.03 | -583.3% | 53.8% |
| Free Cash Flow | -$668.8K | -$192.8K | $708.4K | -246.9% | -194.4% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $796.5K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$264.5K |
| Interest Income | $0 |
| Interest Expense | $188.2K |
| Other Income/Expenses | -$343.8K |
| INCOME BEFORE TAX | -$608.3K |
| Income Tax Expense | $38.7K |
| Net Income from Continuing Ops | -$646.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$646.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$646.9K |
| D&A | $276.7K |
| EBIT | -$420.1K |
| EBITDA | -$143.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$646.9K |
| Depreciation & Amortization | $276.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $337.7K |
| Change in Working Capital | -$612.4K |
| OPERATING CASH FLOW | -$644.9K |
| Capital Expenditure | -$23.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$23.9K |
| Net Debt Issuance | $716.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $92.5K |
| NET CASH FROM FINANCING | $786.7K |
| FREE CASH FLOW | -$668.8K |
| Net Change in Cash | $131.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $376.0K |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $950.0K |
| Other Current Assets | $367.0K |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $17M |
| TOTAL ASSETS | $23M |
| Account Payables | $25M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $38M |
| Long-Term Debt | $266.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $41M |
| Common Stock | $102M |
| Additional Paid-In Capital | -$2M |
| Retained Earnings | -$126M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$17M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$17M |
| TOTAL LIABILITIES & EQUITY | $23M |
| Total Debt | $8M |
| Net Debt | $8M |
