| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $5M | $7M | -25.4% | -47.1% |
| Op. Income | -$469.9K | -$216.2K | -$408.1K | -117.4% | -15.1% |
| Gross Margin | 16.4% | 18.2% | 19.8% | -1.8pp | -3.4pp |
| Net Margin | -14.3% | -5.5% | -6.8% | -8.8pp | -7.5pp |
| EPS (Diluted) | $-0.49 | $-0.25 | $-12.80 | -96.0% | 96.2% |
| Free Cash Flow | $98.8K | -$528.3K | -$486.9K | 118.7% | 120.3% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $573.1K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | -$5.0K |
| Operating Expenses | $1M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$469.9K |
| Interest Income | $0 |
| Interest Expense | $25.5K |
| Other Income/Expenses | -$30.4K |
| INCOME BEFORE TAX | -$500.3K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$500.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$500.3K |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $25.1K |
| EBIT | -$474.8K |
| EBITDA | -$449.8K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$500.3K |
| Depreciation & Amortization | $25.1K |
| Stock-Based Compensation | $37 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$9.4K |
| Change in Working Capital | $583.5K |
| OPERATING CASH FLOW | $98.8K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$118.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$118.4K |
| FREE CASH FLOW | $98.8K |
| Net Change in Cash | -$19.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43.3K |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $986.6K |
| Other Current Assets | $414.8K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $15.8K |
| Goodwill | $1M |
| Intangible Assets | $287.1K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $34.2K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $4M |
| Account Payables | $884.1K |
| Short-Term Debt | $949.8K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $53.8K |
| TOTAL NON-CURRENT LIABILITIES | $53.8K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $29M |
| Retained Earnings | -$27M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $949.8K |
| Net Debt | $906.5K |
