| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | $68M | $61M | 1.5% | 13.3% |
| Op. Income | -$9M | $5M | $3M | -300.8% | -424.6% |
| Gross Margin | 49.6% | 46.7% | 48.0% | 2.9pp | 1.6pp |
| Net Margin | -29.5% | 2.7% | 0.9% | -32.2pp | -30.3pp |
| EPS (Diluted) | $-0.80 | $0.07 | $0.03 | -1200.4% | -3118.9% |
| Free Cash Flow | $5M | $2M | -$2M | 189.2% | 313.0% |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $34M |
| R&D Expenses | $15M |
| Selling & Marketing | $14M |
| General & Administrative | $13M |
| SG&A Expenses | $27M |
| Other Expenses | $1M |
| Operating Expenses | $44M |
| Cost & Expenses | $79M |
| OPERATING INCOME | -$9M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $1M |
| EBIT | -$9M |
| EBITDA | -$8M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | -$252.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$911.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$332.0K |
| NET CASH FROM INVESTING | -$911.0K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $65M |
| NET CASH FROM FINANCING | $62M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71M |
| Short-Term Investments | $0 |
| Net Receivables | $63M |
| Inventory | $37M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $179M |
| PP&E (Net) | $15M |
| Goodwill | $8M |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $519.0K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $36M |
| TOTAL ASSETS | $215M |
| Account Payables | $28M |
| Short-Term Debt | $9M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $80M |
| Long-Term Debt | $89M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $97M |
| TOTAL LIABILITIES | $177M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $104M |
| Retained Earnings | -$64M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$195.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $38M |
| Minority Interest | $0 |
| TOTAL EQUITY | $38M |
| TOTAL LIABILITIES & EQUITY | $215M |
| Total Debt | $104M |
| Net Debt | $33M |
