| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $248M | $232M | — | 7.0% | — |
| Op. Income | -$4M | -$32M | — | 86.7% | — |
| Gross Margin | 17.8% | 13.3% | — | 4.5pp | — |
| Net Margin | -11.1% | -21.5% | — | 10.3pp | — |
| EPS (Diluted) | $-1.50 | $-2.71 | — | 44.6% | — |
| Free Cash Flow | -$155M | -$38M | — | -309.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $248M |
| Cost of Revenue | $204M |
| GROSS PROFIT | $44M |
| R&D Expenses | $710.0K |
| Selling & Marketing | $0 |
| General & Administrative | $47M |
| SG&A Expenses | $47M |
| Other Expenses | $0 |
| Operating Expenses | $48M |
| Cost & Expenses | $251M |
| OPERATING INCOME | -$4M |
| Interest Income | $201.0K |
| Interest Expense | $27M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $694.0K |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $8M |
| EBIT | -$13M |
| EBITDA | -$5M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $205.0K |
| Deferred Income Tax | -$601.0K |
| Other Non-Cash Items | $25M |
| Change in Working Capital | -$161M |
| OPERATING CASH FLOW | -$155M |
| Capital Expenditure | -$146.0K |
| Acquisitions (Net) | $7M |
| Purchases of Investments | $2M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$557.0K |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | -$1.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $133M |
| NET CASH FROM FINANCING | $142M |
| FREE CASH FLOW | -$155M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $414M |
| Inventory | $64M |
| Other Current Assets | $74M |
| TOTAL CURRENT ASSETS | $587M |
| PP&E (Net) | $91M |
| Goodwill | $47M |
| Intangible Assets | $28M |
| Long-Term Investments | $17M |
| Tax Assets | -$17M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $185M |
| TOTAL ASSETS | $772M |
| Account Payables | $167M |
| Short-Term Debt | $367M |
| Deferred Revenue | $102M |
| Other Current Liabilities | $137M |
| TOTAL CURRENT LIABILITIES | $805M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $301M |
| TOTAL NON-CURRENT LIABILITIES | $310M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$1.3B |
| Treasury Stock | -$106M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$351M |
| Minority Interest | $8M |
| TOTAL EQUITY | -$343M |
| TOTAL LIABILITIES & EQUITY | $772M |
| Total Debt | $381M |
| Net Debt | $345M |
