| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $15M | $15M | 6.9% | 6.3% |
| Op. Income | -$5M | -$2M | -$4M | -105.7% | -25.2% |
| Gross Margin | 40.2% | 51.2% | 46.9% | -11.0pp | -6.7pp |
| Net Margin | -34.4% | -19.4% | -29.0% | -15.0pp | -5.4pp |
| EPS (Diluted) | $-0.38 | $-0.20 | $-0.35 | -90.0% | -7.0% |
| Free Cash Flow | -$814.0K | $5M | -$1M | -117.5% | 25.4% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $6M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $456.0K |
| Other Income/Expenses | -$467.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $1.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $2M |
| EBIT | -$5M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $118.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $150.0K |
| Capital Expenditure | -$964.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$771.0K |
| NET CASH FROM INVESTING | -$964.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$62.0K |
| NET CASH FROM FINANCING | -$62.0K |
| FREE CASH FLOW | -$814.0K |
| Net Change in Cash | -$876.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $17M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $44M |
| PP&E (Net) | $17M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $25M |
| TOTAL ASSETS | $68M |
| Account Payables | $3M |
| Short-Term Debt | $46M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $57M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $66M |
| Common Stock | $0 |
| Additional Paid-In Capital | $58M |
| Retained Earnings | -$56M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $68M |
| Total Debt | $54M |
| Net Debt | $43M |
