| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $111M | $58M | $32M | 91.0% | 252.1% |
| Op. Income | $14M | -$40M | -$35M | 136.4% | 141.4% |
| Gross Margin | 15.3% | -64.4% | -109.0% | 79.8pp | 124.3pp |
| Net Margin | 15.6% | -43.8% | -135.9% | 59.5pp | 151.5pp |
| EPS (Diluted) | $0.33 | $-0.49 | $-0.85 | 166.7% | 138.4% |
| Free Cash Flow | -$7M | -$63M | -$42M | 89.4% | 84.0% |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $94M |
| GROSS PROFIT | $17M |
| R&D Expenses | $94M |
| Selling & Marketing | $1M |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | -$10M |
| Operating Expenses | $97M |
| Cost & Expenses | $97M |
| OPERATING INCOME | $14M |
| Interest Income | $3M |
| Interest Expense | $546.8K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | -$562.1K |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.2K |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $1M |
| EBIT | $14M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $94M |
| GROSS PROFIT | $17M |
| R&D Expenses | $94M |
| Selling & Marketing | $1M |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | -$10M |
| Operating Expenses | $97M |
| Cost & Expenses | $97M |
| OPERATING INCOME | $14M |
| Interest Income | $3M |
| Interest Expense | $546.8K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | -$562.1K |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.2K |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $1M |
| EBIT | $14M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$562.1K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $156.9K |
| Other Investing Activities | -$792.7K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $1.2K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | $329M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $324M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $0 |
| Net Receivables | $43M |
| Inventory | $327.9K |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $85M |
| TOTAL NON-CURRENT ASSETS | $111M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $95M |
| Short-Term Debt | $0 |
| Deferred Revenue | $219M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $315M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $27M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $348M |
| Common Stock | $276M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$376M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $0 |
| Net Debt | -$1.6B |
