| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | $55M | $49M | -21.6% | -12.8% |
| Op. Income | -$6M | $5M | $4M | -205.8% | -238.6% |
| Gross Margin | -5.9% | 15.8% | 15.2% | -21.7pp | -21.1pp |
| Net Margin | -10.3% | 7.6% | 6.4% | -17.8pp | -16.7pp |
| EPS (Diluted) | $-0.22 | $0.19 | $0.15 | -215.8% | -246.7% |
| Free Cash Flow | -$279.0K | -$7M | $274.0K | 96.0% | -201.8% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $46M |
| GROSS PROFIT | -$3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3M |
| Operating Expenses | $3M |
| Cost & Expenses | $49M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $545.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $144.0K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $144.0K |
| Stock-Based Compensation | $49.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$273.0K |
| Capital Expenditure | -$6.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $53M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$57.0K |
| Common Dividends Paid | -$403.0K |
| Other Financing Activities | $8.0K |
| NET CASH FROM FINANCING | -$452.0K |
| FREE CASH FLOW | -$279.0K |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $223M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | -$4M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $245M |
| Tax Assets | $2M |
| Other Non-Current Assets | -$139M |
| TOTAL NON-CURRENT ASSETS | $106M |
| TOTAL ASSETS | $372M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $225M |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $225M |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $259M |
| Common Stock | $22M |
| Additional Paid-In Capital | $57M |
| Retained Earnings | $36M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | $5M |
| Other Equity | -$150.0K |
| TOTAL STOCKHOLDERS' EQUITY | $113M |
| Minority Interest | $0 |
| TOTAL EQUITY | $113M |
| TOTAL LIABILITIES & EQUITY | $372M |
| Total Debt | $34M |
| Net Debt | $22M |
