| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | — | $22M | — | 8.3% |
| Op. Income | $482.7K | — | -$10M | — | 104.8% |
| Gross Margin | 13.9% | — | -8.4% | — | 22.4pp |
| Net Margin | -0.3% | — | -47.2% | — | 46.9pp |
| EPS (Diluted) | $-52.93 | — | $-7197.98 | — | 99.3% |
| Free Cash Flow | $2M | — | -$906.9K | — | 352.7% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $3M |
| R&D Expenses | $786.9K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | -$22 |
| Operating Expenses | $3M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $482.7K |
| Interest Income | $4.3K |
| Interest Expense | $563.6K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$79.0K |
| Income Tax Expense | $563.6K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$79.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $606.2K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$53 |
| EPS Diluted | -$53 |
| Item | Amount |
|---|---|
| Net Income | -$79.0K |
| Depreciation & Amortization | $606.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$699.1K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$44.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$44.5K |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $213.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $48M |
| Inventory | $752.3K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $64M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $67M |
| Account Payables | $22M |
| Short-Term Debt | $27M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $55M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $55M |
| Common Stock | $2.4K |
| Additional Paid-In Capital | $39M |
| Retained Earnings | -$41M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | $0 |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $67M |
| Total Debt | $27M |
| Net Debt | $26M |
