| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $81M | $78M | $67M | 3.3% | 20.0% |
| Op. Income | $13M | $12M | $10M | 9.3% | 28.1% |
| Gross Margin | 73.8% | 74.5% | 73.2% | -0.8pp | 0.5pp |
| Net Margin | 10.6% | 9.4% | 12.7% | 1.3pp | -2.0pp |
| EPS (Diluted) | $0.10 | $0.09 | $0.11 | 11.1% | -9.1% |
| Free Cash Flow | $26M | $22M | $17M | 17.6% | 50.2% |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $59M |
| R&D Expenses | $13M |
| Selling & Marketing | $10M |
| General & Administrative | $8M |
| SG&A Expenses | $18M |
| Other Expenses | $14M |
| Operating Expenses | $46M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $15M |
| EBIT | $13M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $59M |
| R&D Expenses | $13M |
| Selling & Marketing | $10M |
| General & Administrative | $8M |
| SG&A Expenses | $18M |
| Other Expenses | $14M |
| Operating Expenses | $46M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $15M |
| EBIT | $13M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $182.0K |
| Change in Working Capital | $186.0K |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$997.0K |
| Acquisitions (Net) | -$40M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | -$224M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$432.0K |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $0 |
| Net Receivables | $38M |
| Inventory | $153.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $77M |
| PP&E (Net) | $29M |
| Goodwill | $523M |
| Intangible Assets | $278M |
| Long-Term Investments | $0 |
| Tax Assets | $22M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $864M |
| TOTAL ASSETS | $940M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $44M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $88M |
| Long-Term Debt | $23M |
| Deferred Revenue NC | $999.0K |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $56M |
| TOTAL LIABILITIES | $144M |
| Common Stock | $523M |
| Additional Paid-In Capital | $457M |
| Retained Earnings | -$157M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $796M |
| Minority Interest | $0 |
| TOTAL EQUITY | $796M |
| TOTAL LIABILITIES & EQUITY | $940M |
| Total Debt | $36M |
| Net Debt | $9M |
