| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $89M | $116M | $99M | -22.7% | -10.1% |
| Op. Income | -$9M | -$5M | -$11M | -76.8% | 18.0% |
| Gross Margin | 42.9% | 44.7% | 42.3% | -1.8pp | 0.6pp |
| Net Margin | -10.9% | -4.8% | -11.8% | -6.1pp | 0.9pp |
| EPS (Diluted) | $-0.18 | $-0.10 | $-0.23 | -80.0% | 21.7% |
| Free Cash Flow | -$5M | -$7M | -$8M | 17.1% | 29.7% |
| Item | Amount |
|---|---|
| REVENUE | $89M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $38M |
| R&D Expenses | $19M |
| Selling & Marketing | $19M |
| General & Administrative | $9M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $98M |
| OPERATING INCOME | -$9M |
| Interest Income | $0 |
| Interest Expense | $108.0K |
| Other Income/Expenses | -$499.0K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $155.0K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $2M |
| EBIT | -$10M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $95.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$373.0K |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$653.0K |
| Common Stock Repurchased | -$27.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $290.0K |
| NET CASH FROM FINANCING | -$390.0K |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $0 |
| Net Receivables | $55M |
| Inventory | $47M |
| Other Current Assets | $628.0K |
| TOTAL CURRENT ASSETS | $157M |
| PP&E (Net) | $43M |
| Goodwill | $116M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $161M |
| TOTAL ASSETS | $318M |
| Account Payables | $34M |
| Short-Term Debt | $30M |
| Deferred Revenue | $16M |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $135M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $37M |
| TOTAL LIABILITIES | $172M |
| Common Stock | $1M |
| Additional Paid-In Capital | $879M |
| Retained Earnings | -$695M |
| Treasury Stock | -$40M |
| Accum. Other Comp. Income | -$487.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $146M |
| Minority Interest | $0 |
| TOTAL EQUITY | $146M |
| TOTAL LIABILITIES & EQUITY | $318M |
| Total Debt | $48M |
| Net Debt | $4M |
