| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $100M | $91M | $88M | 10.3% | 14.7% |
| Op. Income | -$1M | -$2M | -$5M | 50.4% | 78.9% |
| Gross Margin | 39.2% | 41.9% | 35.9% | -2.7pp | 3.4pp |
| Net Margin | -4.7% | -10.3% | -10.7% | 5.6pp | 6.0pp |
| EPS (Diluted) | $-0.06 | $-0.11 | $-0.11 | 49.3% | 49.3% |
| Free Cash Flow | -$2M | -$14M | -$7M | 87.4% | 74.4% |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $39M |
| R&D Expenses | $15M |
| Selling & Marketing | $14M |
| General & Administrative | $12M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $101M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$36.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $2M |
| EBIT | -$1M |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $839.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$713.0K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $60.0K |
| NET CASH FROM INVESTING | -$988.0K |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | -$274.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $862.0K |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $25M |
| Net Receivables | $81M |
| Inventory | $114M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $319M |
| PP&E (Net) | $23M |
| Goodwill | $58M |
| Intangible Assets | $893.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $95M |
| TOTAL ASSETS | $414M |
| Account Payables | $26M |
| Short-Term Debt | $39M |
| Deferred Revenue | $100M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $207M |
| Long-Term Debt | $130M |
| Deferred Revenue NC | $17M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $158M |
| TOTAL LIABILITIES | $365M |
| Common Stock | $85.0K |
| Additional Paid-In Capital | $513M |
| Retained Earnings | -$464M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $630.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $49M |
| Minority Interest | $0 |
| TOTAL EQUITY | $49M |
| TOTAL LIABILITIES & EQUITY | $414M |
| Total Debt | $170M |
| Net Debt | $90M |
