| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | $26M | $31M | 65.2% | 39.1% |
| Op. Income | -$5M | -$4M | $596.0K | -10.6% | -868.6% |
| Gross Margin | 33.0% | 34.1% | 33.5% | -1.0pp | -0.5pp |
| Net Margin | -13.9% | -23.4% | -0.4% | 9.5pp | -13.5pp |
| EPS (Diluted) | $-30.90 | $-32.46 | $-301.42 | 4.8% | 89.7% |
| Free Cash Flow | -$31M | -$5M | -$785.0K | -547.5% | -3792.5% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $14M |
| R&D Expenses | $7M |
| Selling & Marketing | $4M |
| General & Administrative | $7M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $48M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $555.0K |
| Other Income/Expenses | -$561.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $457.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | -$484.0K |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $906.0K |
| EBIT | -$5M |
| EBITDA | -$4M |
| EPS | -$31 |
| EPS Diluted | -$31 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $541.0K |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $3.0K |
| Other Non-Cash Items | $50.0K |
| Change in Working Capital | -$30M |
| OPERATING CASH FLOW | -$30M |
| Capital Expenditure | -$300.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$300.0K |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $44M |
| NET CASH FROM FINANCING | $36M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $31M |
| Inventory | $26M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $83M |
| 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 | $86M |
| Account Payables | $19M |
| Short-Term Debt | $227.0K |
| Deferred Revenue | $305.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $13M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $939.0K |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $51M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $191M |
| Retained Earnings | -$156M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35M |
| Minority Interest | $0 |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $86M |
| Total Debt | $13M |
| Net Debt | -$2M |
