| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $200M | $162M | $103M | 23.3% | 94.2% |
| Op. Income | -$34M | -$68M | -$33M | 50.4% | -3.4% |
| Gross Margin | 74.2% | 73.3% | 73.9% | 0.9pp | 0.3pp |
| Net Margin | -19.2% | -51.3% | -35.4% | 32.0pp | 16.1pp |
| EPS (Diluted) | $-0.30 | $-0.66 | $-0.30 | 54.5% | 0.0% |
| Free Cash Flow | -$52M | -$85M | -$55M | 39.1% | 5.0% |
| Item | Amount |
|---|---|
| REVENUE | $200M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $148M |
| R&D Expenses | $30M |
| Selling & Marketing | $88M |
| General & Administrative | $64M |
| SG&A Expenses | $152M |
| Other Expenses | $0 |
| Operating Expenses | $182M |
| Cost & Expenses | $234M |
| OPERATING INCOME | -$34M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$39M |
| Income Tax Expense | -$443.0K |
| Net Income from Continuing Ops | -$38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$38M |
| Net Income Deductions | $82.0K |
| BOTTOM LINE NET INCOME | -$39M |
| D&A | $8M |
| EBIT | -$27M |
| EBITDA | -$19M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$38M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | -$464.0K |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$69M |
| Acquisitions (Net) | $240.0K |
| Purchases of Investments | -$249M |
| Sales/Maturities of Investments | $215M |
| Other Investing Activities | -$240.0K |
| NET CASH FROM INVESTING | -$103M |
| Net Debt Issuance | -$353.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$52M |
| Net Change in Cash | -$80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $205M |
| Short-Term Investments | $1.0B |
| Net Receivables | $64M |
| Inventory | $48M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $335M |
| Goodwill | $17M |
| Intangible Assets | $28M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $407M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $20M |
| Short-Term Debt | $312M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $492M |
| Long-Term Debt | $494M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $524M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $766M |
| Minority Interest | $0 |
| TOTAL EQUITY | $766M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $806M |
| Net Debt | $601M |
