| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $96M | $114M | $91M | -15.8% | 5.4% |
| Op. Income | -$5M | $3M | -$2M | -251.6% | -128.5% |
| Gross Margin | 39.5% | 42.2% | 41.9% | -2.6pp | -2.4pp |
| Net Margin | -9.6% | -0.8% | -10.3% | -8.8pp | 0.7pp |
| EPS (Diluted) | $-0.11 | $-0.01 | $-0.11 | -900.0% | 0.0% |
| Free Cash Flow | -$19M | $26M | -$14M | -175.1% | -39.2% |
| Item | Amount |
|---|---|
| REVENUE | $96M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $38M |
| R&D Expenses | $14M |
| Selling & Marketing | $13M |
| General & Administrative | $16M |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $101M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $535.0K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $2M |
| EBIT | -$5M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $837.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $0 |
| Net Receivables | $66M |
| Inventory | $118M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $272M |
| PP&E (Net) | $23M |
| Goodwill | $58M |
| Intangible Assets | $785.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $97M |
| TOTAL ASSETS | $369M |
| Account Payables | $26M |
| Short-Term Debt | $0 |
| Deferred Revenue | $91M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $160M |
| Long-Term Debt | $129M |
| Deferred Revenue NC | $23M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $162M |
| TOTAL LIABILITIES | $322M |
| Common Stock | $86.0K |
| Additional Paid-In Capital | $525M |
| Retained Earnings | -$478M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $698.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $47M |
| Minority Interest | $0 |
| TOTAL EQUITY | $47M |
| TOTAL LIABILITIES & EQUITY | $369M |
| Total Debt | $129M |
| Net Debt | $60M |
