| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $251M | $253M | $262M | -0.7% | -4.3% |
| Op. Income | -$2M | $5M | $6M | -141.4% | -136.5% |
| Gross Margin | 54.9% | 55.3% | 53.8% | -0.4pp | 1.1pp |
| Net Margin | -2.8% | 2.8% | -5.2% | -5.6pp | 2.4pp |
| EPS (Diluted) | $-0.06 | $0.06 | $-0.12 | -198.0% | 51.0% |
| Free Cash Flow | $13M | $24M | -$25M | -45.5% | 152.1% |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $138M |
| R&D Expenses | $52M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $88M |
| Other Expenses | $0 |
| Operating Expenses | $140M |
| Cost & Expenses | $253M |
| OPERATING INCOME | -$2M |
| Interest Income | $628.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $13M |
| EBIT | -$2M |
| EBITDA | $11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $486.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $157M |
| Short-Term Investments | $0 |
| Net Receivables | $141M |
| Inventory | $58M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $391M |
| PP&E (Net) | $73M |
| Goodwill | $139M |
| Intangible Assets | $57M |
| Long-Term Investments | -$2M |
| Tax Assets | $2M |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $321M |
| TOTAL ASSETS | $712M |
| Account Payables | $49M |
| Short-Term Debt | $9M |
| Deferred Revenue | $136M |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $303M |
| Long-Term Debt | $172M |
| Deferred Revenue NC | $51M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $58M |
| TOTAL NON-CURRENT LIABILITIES | $283M |
| TOTAL LIABILITIES | $586M |
| Common Stock | $121.0K |
| Additional Paid-In Capital | $980M |
| Retained Earnings | -$836M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $126M |
| Minority Interest | $0 |
| TOTAL EQUITY | $126M |
| TOTAL LIABILITIES & EQUITY | $712M |
| Total Debt | $181M |
| Net Debt | $24M |
