| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $73M | $69M | $88M | 5.5% | -17.4% |
| Op. Income | $4M | $3M | $6M | 28.2% | -35.1% |
| Gross Margin | 36.1% | 35.6% | 32.5% | 0.5pp | 3.6pp |
| Net Margin | 1.0% | 1.2% | 3.7% | -0.1pp | -2.6pp |
| EPS (Diluted) | $0.01 | $0.01 | $0.04 | 0.0% | -75.0% |
| Free Cash Flow | -$10M | -$7M | $3M | -44.2% | -399.8% |
| Item | Amount |
|---|---|
| REVENUE | $73M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $26M |
| R&D Expenses | $6M |
| Selling & Marketing | $10M |
| General & Administrative | $6M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $763.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $763.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $763.0K |
| D&A | $2M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $73M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $26M |
| R&D Expenses | $6M |
| Selling & Marketing | $10M |
| General & Administrative | $6M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $763.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $763.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $763.0K |
| D&A | $2M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $763.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $697.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$105.0K |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $603.0K |
| Purchases of Investments | -$20.0K |
| Sales/Maturities of Investments | -$20.0K |
| Other Investing Activities | -$583.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $190.0K |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$713.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $0 |
| Net Receivables | $135M |
| Inventory | $74M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $238M |
| PP&E (Net) | $35M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $29.0K |
| Tax Assets | $6M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $70M |
| TOTAL ASSETS | $309M |
| Account Payables | $79M |
| Short-Term Debt | $9M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $118M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $24.0K |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $145M |
| Common Stock | $215.0K |
| Additional Paid-In Capital | $417M |
| Retained Earnings | -$225M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $164M |
| Minority Interest | $0 |
| TOTAL EQUITY | $164M |
| TOTAL LIABILITIES & EQUITY | $309M |
| Total Debt | $9M |
| Net Debt | -$20M |
