| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46M | $46M | $34M | 1.4% | 34.0% |
| Op. Income | -$12M | -$8M | -$5M | -44.6% | -114.4% |
| Gross Margin | 55.0% | 56.7% | 54.4% | -1.7pp | 0.5pp |
| Net Margin | -33.8% | -21.4% | -16.9% | -12.4pp | -16.8pp |
| EPS (Diluted) | $-0.26 | $-0.11 | $-0.07 | -136.4% | -251.8% |
| Free Cash Flow | -$11M | -$15M | -$12M | 28.4% | 13.0% |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $25M |
| R&D Expenses | $11M |
| Selling & Marketing | $17M |
| General & Administrative | $9M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $58M |
| OPERATING INCOME | -$12M |
| Interest Income | $861.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | $82.0K |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $4M |
| EBIT | -$13M |
| EBITDA | -$9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $636.0K |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | -$636.0K |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$620.0K |
| NET CASH FROM FINANCING | $189M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $192M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $213M |
| Short-Term Investments | $32M |
| Net Receivables | $29M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $286M |
| PP&E (Net) | $56M |
| Goodwill | $359.0K |
| Intangible Assets | $1M |
| Long-Term Investments | $32M |
| Tax Assets | -$32M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $70M |
| TOTAL ASSETS | $356M |
| Account Payables | $6M |
| Short-Term Debt | $33M |
| Deferred Revenue | $25M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $65M |
| Long-Term Debt | $14M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $24M |
| TOTAL LIABILITIES | $89M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $435M |
| Retained Earnings | -$166M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $13.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $267M |
| Minority Interest | $0 |
| TOTAL EQUITY | $267M |
| TOTAL LIABILITIES & EQUITY | $356M |
| Total Debt | $51M |
| Net Debt | -$163M |
