| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | -21.3% | -14.5% |
| Op. Income | -$541.5K | -$460.4K | $865.7K | -17.6% | -162.5% |
| Gross Margin | -15.1% | -7.6% | -8.5% | -7.5pp | -6.7pp |
| Net Margin | -31.8% | -21.4% | 60.6% | -10.4pp | -92.4pp |
| EPS (Diluted) | $-0.01 | $-0.01 | $0.02 | -15.5% | -141.0% |
| Free Cash Flow | -$332.8K | -$230.4K | -$785.9K | -44.4% | 57.7% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$270.8K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $270.6K |
| SG&A Expenses | $270.6K |
| Other Expenses | $0 |
| Operating Expenses | $270.6K |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$541.5K |
| Interest Income | $19 |
| Interest Expense | $24.4K |
| Other Income/Expenses | -$27.1K |
| INCOME BEFORE TAX | -$568.6K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$568.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$568.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$580.8K |
| D&A | $286.2K |
| EBIT | -$544.1K |
| EBITDA | -$258.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$568.6K |
| Depreciation & Amortization | $286.2K |
| Stock-Based Compensation | $34.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $53.7K |
| Change in Working Capital | $100.2K |
| OPERATING CASH FLOW | -$128.6K |
| Capital Expenditure | -$204.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$204.3K |
| Net Debt Issuance | -$27.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $386.3K |
| NET CASH FROM FINANCING | $358.8K |
| FREE CASH FLOW | -$332.8K |
| Net Change in Cash | $26.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71.8K |
| Short-Term Investments | $0 |
| Net Receivables | $322.9K |
| Inventory | $708.1K |
| 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 | $387.2K |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $17M |
| Account Payables | $2M |
| Short-Term Debt | $1M |
| Deferred Revenue | $32.4K |
| Other Current Liabilities | $434.1K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $876.1K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $696.6K |
| Additional Paid-In Capital | $37M |
| Retained Earnings | -$27M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $17M |
| Total Debt | $2M |
| Net Debt | $2M |
