| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $231M | $212M | $148M | 9.2% | 56.0% |
| Op. Income | $3M | $9M | -$1M | -65.6% | 324.3% |
| Gross Margin | 54.6% | 52.3% | 49.4% | 2.3pp | 5.2pp |
| Net Margin | -13.8% | 2.1% | -5.8% | -15.9pp | -8.0pp |
| EPS (Diluted) | $-0.28 | $0.04 | $-0.08 | -800.0% | -249.1% |
| Free Cash Flow | -$10M | $11M | $7M | -191.6% | -253.1% |
| Item | Amount |
|---|---|
| REVENUE | $231M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $126M |
| R&D Expenses | $46M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $77M |
| Other Expenses | $0 |
| Operating Expenses | $123M |
| Cost & Expenses | $228M |
| OPERATING INCOME | $3M |
| Interest Income | $717.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | -$34M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $12M |
| EBIT | -$31M |
| EBITDA | -$19M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$25M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | $15M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $127M |
| Short-Term Investments | $0 |
| Net Receivables | $155M |
| Inventory | $83M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $390M |
| PP&E (Net) | $69M |
| Goodwill | $131M |
| Intangible Assets | $93M |
| Long-Term Investments | -$5M |
| Tax Assets | $5M |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $337M |
| TOTAL ASSETS | $727M |
| Account Payables | $74M |
| Short-Term Debt | $22M |
| Deferred Revenue | $114M |
| Other Current Liabilities | $88M |
| TOTAL CURRENT LIABILITIES | $346M |
| Long-Term Debt | $161M |
| Deferred Revenue NC | $39M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $64M |
| TOTAL NON-CURRENT LIABILITIES | $269M |
| TOTAL LIABILITIES | $615M |
| Common Stock | $114.0K |
| Additional Paid-In Capital | $922M |
| Retained Earnings | -$809M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $112M |
| Minority Interest | $0 |
| TOTAL EQUITY | $112M |
| TOTAL LIABILITIES & EQUITY | $727M |
| Total Debt | $183M |
| Net Debt | $56M |
