| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36M | $50M | $30M | -27.5% | 18.7% |
| Op. Income | -$6M | -$2M | -$15M | -283.6% | 59.1% |
| Gross Margin | 79.6% | 82.6% | 67.7% | -3.0pp | 11.9pp |
| Net Margin | -15.8% | -3.4% | -48.6% | -12.4pp | 32.8pp |
| EPS (Diluted) | $-0.25 | $-0.07 | $-0.65 | -251.6% | 61.5% |
| Free Cash Flow | $10M | -$3M | $603.0K | 398.6% | 1567.0% |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $463.0K |
| Operating Expenses | $35M |
| Cost & Expenses | $42M |
| OPERATING INCOME | -$6M |
| Interest Income | $73.0K |
| Interest Expense | $82.0K |
| Other Income/Expenses | $454.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$126.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $7M |
| EBIT | -$6M |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $330.0K |
| Deferred Income Tax | -$136.0K |
| Other Non-Cash Items | $132.0K |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$755.0K |
| Common Stock Repurchased | -$16.0K |
| Common Dividends Paid | -$1.0K |
| Other Financing Activities | -$17.0K |
| NET CASH FROM FINANCING | -$772.0K |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $18M |
| Net Receivables | $28M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $84M |
| PP&E (Net) | $75M |
| Goodwill | $0 |
| Intangible Assets | $433.0K |
| Long-Term Investments | $0 |
| Tax Assets | $224.0K |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $78M |
| TOTAL ASSETS | $162M |
| Account Payables | $8M |
| Short-Term Debt | $3M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $666.0K |
| Other Non-Current Liabilities | $150.0K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $28M |
| Common Stock | $229.0K |
| Additional Paid-In Capital | $153M |
| Retained Earnings | -$18M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $134M |
| Minority Interest | $0 |
| TOTAL EQUITY | $134M |
| TOTAL LIABILITIES & EQUITY | $162M |
| Total Debt | $7M |
| Net Debt | -$20M |
