| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $123M | $118M | $118M | 3.9% | 4.1% |
| Op. Income | $1M | $9M | $3M | -88.3% | -67.1% |
| Gross Margin | 17.5% | 25.5% | 27.6% | -8.0pp | -10.1pp |
| Net Margin | 0.6% | 5.9% | 2.0% | -5.3pp | -1.5pp |
| EPS (Diluted) | $0.02 | $0.24 | $0.09 | -91.7% | -77.8% |
| Free Cash Flow | -$9M | $81M | $60M | -111.6% | -115.6% |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $2M |
| Operating Expenses | $20M |
| Cost & Expenses | $122M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $368.0K |
| Net Income from Continuing Ops | $721.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $721.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $721.0K |
| D&A | $3M |
| EBIT | $3M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $2M |
| Operating Expenses | $20M |
| Cost & Expenses | $122M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $368.0K |
| Net Income from Continuing Ops | $721.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $721.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $721.0K |
| D&A | $3M |
| EBIT | $3M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $721.0K |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $225.0K |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$493.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$62M |
| Sales/Maturities of Investments | $60M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$68.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $262M |
| Short-Term Investments | $555M |
| Net Receivables | $57M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $320M |
| PP&E (Net) | $21M |
| Goodwill | $152M |
| Intangible Assets | $73M |
| Long-Term Investments | $555M |
| Tax Assets | $18M |
| Other Non-Current Assets | -$555M |
| TOTAL NON-CURRENT ASSETS | $264M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $333M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$348M |
| TOTAL CURRENT LIABILITIES | $335M |
| Long-Term Debt | $132M |
| Deferred Revenue NC | $35M |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $132M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $330M |
| Retained Earnings | $200M |
| Treasury Stock | -$97M |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $439M |
| Minority Interest | $0 |
| TOTAL EQUITY | $439M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $132M |
| Net Debt | -$130M |
