| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $32M | $42M | 29.6% | -1.7% |
| Op. Income | -$7M | -$5M | -$2M | -36.6% | -242.8% |
| Gross Margin | -5.6% | 0.7% | 4.2% | -6.2pp | -9.7pp |
| Net Margin | 23.9% | 24.0% | -5.4% | -0.1pp | 29.4pp |
| EPS (Diluted) | $0.07 | $0.13 | $-0.05 | -46.2% | 232.8% |
| Free Cash Flow | -$4M | -$5M | -$1M | 25.0% | -188.4% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $44M |
| GROSS PROFIT | -$2M |
| R&D Expenses | $0 |
| Selling & Marketing | $52.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $48M |
| OPERATING INCOME | -$7M |
| Interest Income | $211.0K |
| Interest Expense | $669.0K |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $2M |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $912.0K |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$563.0K |
| Acquisitions (Net) | -$35.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$902.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$177.0K |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $25M |
| Inventory | $18M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $62M |
| PP&E (Net) | $73M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $55M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $135M |
| TOTAL ASSETS | $197M |
| Account Payables | $9M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $31M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $37M |
| TOTAL LIABILITIES | $63M |
| Common Stock | $80M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $51M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $134M |
| Minority Interest | $0 |
| TOTAL EQUITY | $134M |
| TOTAL LIABILITIES & EQUITY | $197M |
| Total Debt | $43M |
| Net Debt | $32M |
