| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | $47M | $18M | -43.1% | 45.6% |
| Op. Income | -$4M | $6M | -$4M | -174.9% | -3.2% |
| Gross Margin | 34.1% | 39.2% | 28.9% | -5.1pp | 5.1pp |
| Net Margin | -23.4% | 9.3% | -27.9% | -32.8pp | 4.4pp |
| EPS (Diluted) | $-32.46 | $30.27 | $-776.92 | -207.2% | 95.8% |
| Free Cash Flow | -$5M | $5M | -$6M | -189.5% | 15.6% |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $9M |
| R&D Expenses | $7M |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $31M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $422.0K |
| Other Income/Expenses | -$687.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $295.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1M |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $892.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$32 |
| EPS Diluted | -$32 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $534.0K |
| Stock-Based Compensation | $47.0K |
| Deferred Income Tax | -$11.0K |
| Other Non-Cash Items | -$271.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$191.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$191.0K |
| Net Debt Issuance | -$123.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $41.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $29M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $59M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $62M |
| Account Payables | $27M |
| Short-Term Debt | $282.0K |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $47M |
| Long-Term Debt | $13M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $901.0K |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $61M |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $150M |
| Retained Earnings | -$150M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $615.0K |
| Minority Interest | $0 |
| TOTAL EQUITY | $615.0K |
| TOTAL LIABILITIES & EQUITY | $62M |
| Total Debt | $13M |
| Net Debt | $4M |
