| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | — | $27M | — | 124.3% |
| Op. Income | $7M | — | -$17M | — | 138.3% |
| Gross Margin | 64.5% | — | -40.6% | — | 105.1pp |
| Net Margin | 25.7% | — | -65.7% | — | 91.4pp |
| EPS (Diluted) | $0.23 | — | $-0.30 | — | 176.9% |
| Free Cash Flow | -$5M | — | -$40M | — | 87.9% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $39M |
| R&D Expenses | $35M |
| Selling & Marketing | $151.4K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $7M |
| Interest Income | $1M |
| Interest Expense | $59.4K |
| Other Income/Expenses | $43.3K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $8M |
| EBIT | $7M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $39M |
| R&D Expenses | $35M |
| Selling & Marketing | $151.4K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $7M |
| Interest Income | $1M |
| Interest Expense | $59.4K |
| Other Income/Expenses | $43.3K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $8M |
| EBIT | $7M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$92M |
| Change in Working Capital | $48M |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | -$76M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $1.2K |
| NET CASH FROM INVESTING | -$74M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$852.3K |
| NET CASH FROM FINANCING | -$851.2K |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $175M |
| Short-Term Investments | $18M |
| Net Receivables | $52M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $253M |
| PP&E (Net) | $13M |
| Goodwill | $0 |
| Intangible Assets | $103M |
| Long-Term Investments | $41M |
| Tax Assets | $1M |
| Other Non-Current Assets | $101.7K |
| TOTAL NON-CURRENT ASSETS | $159M |
| TOTAL ASSETS | $412M |
| Account Payables | $27M |
| Short-Term Debt | $413.9K |
| Deferred Revenue | $49M |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $111M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $72M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $90M |
| TOTAL LIABILITIES | $200M |
| Common Stock | $4M |
| Additional Paid-In Capital | $353M |
| Retained Earnings | -$142M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $212M |
| Minority Interest | $0 |
| TOTAL EQUITY | $212M |
| TOTAL LIABILITIES & EQUITY | $412M |
| Total Debt | $6M |
| Net Debt | -$169M |
