| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $2M | 16.8% | -10.0% |
| Op. Income | -$561.1K | -$813.2K | -$1M | 31.0% | 51.8% |
| Gross Margin | 33.8% | 28.2% | 18.0% | 5.7pp | 15.8pp |
| Net Margin | -111.5% | -125.3% | -154.1% | 13.7pp | 42.6pp |
| EPS (Diluted) | $-21.30 | $-20.40 | $-32.70 | -4.4% | 34.9% |
| Free Cash Flow | -$2M | -$760.8K | -$717.6K | -104.8% | -117.1% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $915.7K |
| GROSS PROFIT | $467.7K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | -$23.8K |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$561.1K |
| Interest Income | $0 |
| Interest Expense | $984.3K |
| Other Income/Expenses | -$981.5K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $62.9K |
| EBIT | -$558.3K |
| EBITDA | -$495.4K |
| EPS | -$21 |
| EPS Diluted | -$21 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $62.9K |
| Stock-Based Compensation | -$123.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $520.5K |
| Change in Working Capital | -$291.1K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$184.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $8.3K |
| NET CASH FROM INVESTING | -$176.1K |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $274.2K |
| Inventory | $62.6K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $842.8K |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $58.7K |
| Tax Assets | $0 |
| Other Non-Current Assets | $32.5K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $8M |
| Account Payables | $675.3K |
| Short-Term Debt | $3M |
| Deferred Revenue | $142.1K |
| Other Current Liabilities | $663.7K |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $916.9K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $51.4K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $12M |
| Common Stock | $17M |
| Additional Paid-In Capital | $6M |
| Retained Earnings | -$27M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$5M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$5M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $8M |
| Net Debt | $5M |
