| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | 9.0% | 1.0% |
| Op. Income | -$683.8K | $241.1K | -$399.8K | -383.6% | -71.0% |
| Gross Margin | -2.8% | 4.1% | -2.3% | -6.9pp | -0.5pp |
| Net Margin | -28.8% | 9.0% | -19.5% | -37.8pp | -9.3pp |
| EPS (Diluted) | $-0.01 | $-0.00 | $-0.01 | -329.2% | -47.1% |
| Free Cash Flow | -$398.2K | -$793.3K | $68.9K | 49.8% | -678.2% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $3M |
| GROSS PROFIT | -$69.1K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $538.6K |
| SG&A Expenses | $538.6K |
| Other Expenses | $76.1K |
| Operating Expenses | $614.7K |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$683.8K |
| Interest Income | $741 |
| Interest Expense | $22.5K |
| Other Income/Expenses | -$23.7K |
| INCOME BEFORE TAX | -$707.5K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$707.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$707.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$719.6K |
| D&A | $223.3K |
| EBIT | -$685.0K |
| EBITDA | -$461.7K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$707.5K |
| Depreciation & Amortization | $223.3K |
| Stock-Based Compensation | $136.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $50.2K |
| Change in Working Capital | $212.4K |
| OPERATING CASH FLOW | -$85.6K |
| Capital Expenditure | -$312.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $400.0K |
| NET CASH FROM INVESTING | $87.4K |
| Net Debt Issuance | -$57.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $42.5K |
| NET CASH FROM FINANCING | -$15.0K |
| FREE CASH FLOW | -$398.2K |
| Net Change in Cash | -$13.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43.5K |
| Short-Term Investments | $0 |
| Net Receivables | $335.2K |
| Inventory | $887.6K |
| Other Current Assets | $253.6K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $460.7K |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $17M |
| Account Payables | $2M |
| Short-Term Debt | $838.4K |
| Deferred Revenue | $32.4K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $968.4K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $684.3K |
| Additional Paid-In Capital | $37M |
| Retained Earnings | -$26M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $17M |
| Total Debt | $2M |
| Net Debt | $2M |
