| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $115M | $102M | $110M | 12.6% | 4.4% |
| Op. Income | -$4M | -$26M | $4M | 86.4% | -187.5% |
| Gross Margin | 77.5% | 74.2% | 66.7% | 3.3pp | 10.7pp |
| Net Margin | -19.3% | -39.2% | 40.7% | 19.9pp | -60.0pp |
| EPS (Diluted) | $-0.08 | $-0.14 | $0.16 | 42.7% | -149.9% |
| Free Cash Flow | $7M | $16M | $0 | -54.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $89M |
| R&D Expenses | $18M |
| Selling & Marketing | $43M |
| General & Administrative | $20M |
| SG&A Expenses | $63M |
| Other Expenses | $12M |
| Operating Expenses | $92M |
| Cost & Expenses | $118M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $20M |
| EBIT | -$4M |
| EBITDA | $16M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $383.0K |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $0 |
| Net Receivables | $153M |
| Inventory | $0 |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $238M |
| PP&E (Net) | $17M |
| Goodwill | $1.3B |
| Intangible Assets | $276M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $3M |
| Short-Term Debt | $605M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $248M |
| TOTAL CURRENT LIABILITIES | $908M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $220M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$145M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$211M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$356M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$356M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $1.7B |
| Net Debt | $1.6B |
