| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $7M | $6M | 8.6% | 13.9% |
| Op. Income | -$1M | -$1M | -$1M | -14.8% | -21.9% |
| Gross Margin | 21.9% | 20.3% | 21.0% | 1.6pp | 0.9pp |
| Net Margin | -17.8% | -16.3% | -16.5% | -1.5pp | -1.3pp |
| EPS (Diluted) | $-0.10 | $-0.09 | $-0.09 | -15.1% | -14.1% |
| Free Cash Flow | -$1M | -$1M | -$1M | -2.5% | -32.3% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$424 |
| Operating Expenses | $3M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$1M |
| Interest Income | $22.6K |
| Interest Expense | $0 |
| Other Income/Expenses | $22.2K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $40.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $497.0K |
| EBIT | -$1M |
| EBITDA | -$760.8K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $497.0K |
| Stock-Based Compensation | $356.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9.0K |
| Change in Working Capital | -$789.7K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$180.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$180.3K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$28.7K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$28.7K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $11M |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $52M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $312.8K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $61M |
| Account Payables | $239.3K |
| Short-Term Debt | $246.8K |
| Deferred Revenue | $150.0K |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $49M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $51M |
| Common Stock | $186.4K |
| Additional Paid-In Capital | $77M |
| Retained Earnings | -$59M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | -$6M |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $61M |
| Total Debt | $3M |
| Net Debt | -$510.5K |
