| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $72M | $67M | -3.0% | 4.2% |
| Op. Income | $5M | $6M | $17M | -24.2% | -72.3% |
| Gross Margin | 60.8% | 62.3% | 73.5% | -1.5pp | -12.7pp |
| Net Margin | 0.6% | 3.1% | 14.0% | -2.5pp | -13.4pp |
| EPS (Diluted) | $0.01 | $0.06 | $0.26 | -79.8% | -95.2% |
| Free Cash Flow | $24M | $16M | $28M | 45.5% | -14.9% |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $43M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $66M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $434.0K |
| Income Tax Expense | -$20.0K |
| Net Income from Continuing Ops | $454.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $454.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $454.0K |
| D&A | $7M |
| EBIT | $434.0K |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $43M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $66M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $434.0K |
| Income Tax Expense | -$20.0K |
| Net Income from Continuing Ops | $454.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $454.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $454.0K |
| D&A | $7M |
| EBIT | $434.0K |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $454.0K |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$912.0K |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$24M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $0 |
| Short-Term Investments | $0 |
| Net Receivables | $73M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $82M |
| PP&E (Net) | $11M |
| Goodwill | $1.1B |
| Intangible Assets | $74M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $91M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $83M |
| TOTAL CURRENT LIABILITIES | $110M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $285M |
| TOTAL NON-CURRENT LIABILITIES | $285M |
| TOTAL LIABILITIES | $395M |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $983M |
| Minority Interest | $0 |
| TOTAL EQUITY | $983M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $0 |
| Net Debt | $0 |
