| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | -7.5% | 0.7% |
| Op. Income | -$460.4K | -$683.8K | -$160.1K | 32.7% | -187.7% |
| Gross Margin | -7.6% | -2.8% | 6.3% | -4.8pp | -13.9pp |
| Net Margin | -21.4% | -28.8% | -5.4% | 7.4pp | -15.9pp |
| EPS (Diluted) | $-0.01 | $-0.01 | $-0.00 | 31.1% | -294.4% |
| Free Cash Flow | -$230.4K | -$398.2K | -$45.4K | 42.1% | -407.2% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$173.2K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $276.7K |
| SG&A Expenses | $276.7K |
| Other Expenses | $10.5K |
| Operating Expenses | $287.2K |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$460.4K |
| Interest Income | $31 |
| Interest Expense | $24.2K |
| Other Income/Expenses | -$25.6K |
| INCOME BEFORE TAX | -$486.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$486.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$486.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$498.2K |
| D&A | $223.3K |
| EBIT | -$461.8K |
| EBITDA | -$238.5K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$486.0K |
| Depreciation & Amortization | $223.3K |
| Stock-Based Compensation | $31.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $51.1K |
| Change in Working Capital | $142.3K |
| OPERATING CASH FLOW | -$69.4K |
| Capital Expenditure | -$161.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$161.0K |
| Net Debt Issuance | $54.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $177.8K |
| NET CASH FROM FINANCING | $232.7K |
| FREE CASH FLOW | -$230.4K |
| Net Change in Cash | $2.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45.8K |
| Short-Term Investments | $0 |
| Net Receivables | $417.0K |
| Inventory | $723.7K |
| Other Current Assets | $253.6K |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $425.0K |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $17M |
| Account Payables | $2M |
| Short-Term Debt | $961.7K |
| Deferred Revenue | $32.4K |
| Other Current Liabilities | $483.7K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $918.4K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $687.6K |
| Additional Paid-In Capital | $37M |
| Retained Earnings | -$27M |
| 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 |
