| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $102M | $96M | $100M | 6.8% | 2.0% |
| Op. Income | -$868.0K | -$5M | -$1M | 81.5% | 14.7% |
| Gross Margin | 37.5% | 39.5% | 39.2% | -2.0pp | -1.7pp |
| Net Margin | -4.5% | -9.6% | -4.7% | 5.1pp | 0.2pp |
| EPS (Diluted) | $-0.05 | $-0.11 | $-0.06 | 51.6% | 4.7% |
| Free Cash Flow | -$14M | -$19M | -$2M | 25.9% | -717.2% |
| Item | Amount |
|---|---|
| REVENUE | $102M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $38M |
| R&D Expenses | $14M |
| Selling & Marketing | $15M |
| General & Administrative | $10M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $103M |
| OPERATING INCOME | -$868.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $451.0K |
| 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 | -$868.0K |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $604.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$616.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$616.0K |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $0 |
| Net Receivables | $86M |
| Inventory | $119M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $289M |
| PP&E (Net) | $21M |
| Goodwill | $58M |
| Intangible Assets | $750.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $97M |
| TOTAL ASSETS | $386M |
| Account Payables | $31M |
| Short-Term Debt | $0 |
| Deferred Revenue | $93M |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $169M |
| Long-Term Debt | $137M |
| Deferred Revenue NC | $23M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $171M |
| TOTAL LIABILITIES | $340M |
| Common Stock | $88.0K |
| Additional Paid-In Capital | $528M |
| Retained Earnings | -$483M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $759.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $46M |
| Minority Interest | $0 |
| TOTAL EQUITY | $46M |
| TOTAL LIABILITIES & EQUITY | $386M |
| Total Debt | $137M |
| Net Debt | $77M |
