| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $31M | $31M | -27.7% | -26.9% |
| Op. Income | $8M | $16M | $18M | -50.4% | -54.8% |
| Gross Margin | 43.4% | 58.4% | 65.0% | -15.0pp | -21.6pp |
| Net Margin | 36.0% | 52.4% | 58.1% | -16.4pp | -22.1pp |
| EPS (Diluted) | $0.14 | $0.29 | $0.31 | -51.7% | -54.8% |
| Free Cash Flow | $18M | $22M | -$166M | -14.9% | 111.1% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $338.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $8M |
| Interest Income | $48M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $0 |
| EBIT | $8M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $338.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $8M |
| Interest Income | $48M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $0 |
| EBIT | $8M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$33M |
| Change in Working Capital | $41M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$7.0K |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $19M |
| Inventory | -$538.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $24M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$1.9B |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$19M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $877M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$877M |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $909M |
| Common Stock | $113.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$87M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $968M |
| Minority Interest | $0 |
| TOTAL EQUITY | $968M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $877M |
| Net Debt | $872M |
