| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $2M | $2M | 21.3% | 33.4% |
| Op. Income | -$323.1K | -$157.1K | $31.0K | -105.6% | -1143.0% |
| Gross Margin | 88.9% | 88.4% | 93.0% | 0.5pp | -4.1pp |
| Net Margin | -11.6% | -6.5% | 1.4% | -5.1pp | -13.0pp |
| EPS (Diluted) | $-0.15 | $-0.07 | $0.01 | -109.2% | -1600.0% |
| Free Cash Flow | -$822.2K | -$442.9K | $198.1K | -85.6% | -515.1% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $334.8K |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $145 |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$323.1K |
| Interest Income | $0 |
| Interest Expense | $29.5K |
| Other Income/Expenses | -$29.3K |
| INCOME BEFORE TAX | -$352.5K |
| Income Tax Expense | -$1.1K |
| Net Income from Continuing Ops | -$352.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$351.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$351.4K |
| D&A | $22.5K |
| EBIT | -$323.0K |
| EBITDA | -$300.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$352.5K |
| Depreciation & Amortization | $22.5K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $25.4K |
| Change in Working Capital | -$498.9K |
| OPERATING CASH FLOW | -$803.4K |
| Capital Expenditure | -$18.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.1K |
| NET CASH FROM INVESTING | -$19.9K |
| Net Debt Issuance | $500.0K |
| Common Stock Repurchased | -$1.1K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $500.0K |
| FREE CASH FLOW | -$822.2K |
| Net Change in Cash | -$323.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $419.2K |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $394.6K |
| Other Current Assets | $855.7K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $266.1K |
| Goodwill | $0 |
| Intangible Assets | $19.8K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $285.8K |
| TOTAL ASSETS | $3M |
| Account Payables | $328.8K |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $314.4K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $64.2K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $2.4K |
| Additional Paid-In Capital | -$12M |
| Retained Earnings | -$375.7K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1M |
| Minority Interest | -$1.1K |
| TOTAL EQUITY | -$1M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $3M |
| Net Debt | $2M |
