| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $121M | $121M | — | -0.6% | — |
| Op. Income | $6M | $22M | — | -73.9% | — |
| Gross Margin | 31.1% | 30.5% | — | 0.7pp | — |
| Net Margin | -2.3% | 12.6% | — | -14.9pp | — |
| EPS (Diluted) | $-0.01 | $0.05 | — | -117.8% | — |
| Free Cash Flow | -$7M | -$22M | — | 66.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $121M |
| Cost of Revenue | $83M |
| GROSS PROFIT | $38M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $79.5K |
| Operating Expenses | $18M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $6M |
| Interest Income | $332.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $13M |
| EBIT | $4M |
| EBITDA | $17M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $30M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$174.2K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $243M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $243M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $246M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $377M |
| Short-Term Investments | $23M |
| Net Receivables | $104M |
| Inventory | $8M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $543M |
| PP&E (Net) | $225M |
| Goodwill | $256M |
| Intangible Assets | $125M |
| Long-Term Investments | $33M |
| Tax Assets | $47M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $706M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $31M |
| Short-Term Debt | $19M |
| Deferred Revenue | $55M |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $168M |
| Long-Term Debt | $370M |
| Deferred Revenue NC | $39M |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $567M |
| TOTAL LIABILITIES | $735M |
| Common Stock | $175M |
| Additional Paid-In Capital | $918M |
| Retained Earnings | -$549M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $512M |
| Minority Interest | $1M |
| TOTAL EQUITY | $513M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $512M |
| Net Debt | $136M |
