| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50M | $40M | — | 26.4% | — |
| Op. Income | -$86M | -$57M | — | -50.0% | — |
| Gross Margin | 43.4% | 48.5% | — | -5.1pp | — |
| Net Margin | -174.4% | -145.6% | — | -28.8pp | — |
| EPS (Diluted) | $-1.11 | $-0.75 | — | -48.0% | — |
| Free Cash Flow | -$66M | -$50M | — | -30.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $58M |
| SG&A Expenses | $77M |
| Other Expenses | $31M |
| Operating Expenses | $108M |
| Cost & Expenses | $136M |
| OPERATING INCOME | -$86M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$87M |
| Income Tax Expense | $233.7K |
| Net Income from Continuing Ops | -$87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1.3K |
| NET INCOME | -$87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$87M |
| D&A | $2M |
| EBIT | -$86M |
| EBITDA | -$84M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$87M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$60.7K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$64M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $51.2K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $58.1K |
| Other Investing Activities | $615.8K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$637.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $326M |
| FREE CASH FLOW | -$66M |
| Net Change in Cash | $259M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $430M |
| Short-Term Investments | $0 |
| Net Receivables | $30M |
| Inventory | $18M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $493M |
| PP&E (Net) | $22M |
| Goodwill | $10.8K |
| Intangible Assets | $79.6K |
| Long-Term Investments | $0 |
| Tax Assets | $225.9K |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $517M |
| Account Payables | $72M |
| Short-Term Debt | $5M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $144M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $152M |
| Common Stock | $202M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$1.3B |
| Treasury Stock | -$38M |
| Accum. Other Comp. Income | $118M |
| Other Equity | -$38M |
| TOTAL STOCKHOLDERS' EQUITY | $365M |
| Minority Interest | -$355.0K |
| TOTAL EQUITY | $364M |
| TOTAL LIABILITIES & EQUITY | $517M |
| Total Debt | $13M |
| Net Debt | -$417M |
