| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $127M | $116M | $269M | 9.7% | -52.7% |
| Op. Income | $2M | -$2M | $64M | 174.1% | -97.2% |
| Gross Margin | 46.2% | 47.9% | 47.2% | -1.7pp | -1.0pp |
| Net Margin | 1.0% | -3.1% | 22.4% | 4.1pp | -21.4pp |
| EPS (Diluted) | $0.02 | $-0.05 | $0.86 | 137.1% | -97.7% |
| Free Cash Flow | -$4M | $24M | $32M | -114.4% | -110.9% |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $59M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $125M |
| OPERATING INCOME | $2M |
| Interest Income | $4M |
| Interest Expense | $632.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $5M |
| EBIT | $6M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $59M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $125M |
| OPERATING INCOME | $2M |
| Interest Income | $4M |
| Interest Expense | $632.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $5M |
| EBIT | $6M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $719.0K |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$154.0K |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$149M |
| Sales/Maturities of Investments | $109M |
| Other Investing Activities | $39.0K |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | $61M |
| Common Stock Repurchased | -$33M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $20M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $396M |
| Short-Term Investments | $248M |
| Net Receivables | $151M |
| Inventory | $98M |
| Other Current Assets | $608.0K |
| TOTAL CURRENT ASSETS | $918M |
| PP&E (Net) | $75M |
| Goodwill | $56M |
| Intangible Assets | $46M |
| Long-Term Investments | $6M |
| Tax Assets | $8M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $194M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $42M |
| Short-Term Debt | $71M |
| Deferred Revenue | $27M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $189M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $27M |
| Other Non-Current Liabilities | $94M |
| TOTAL NON-CURRENT LIABILITIES | $136M |
| TOTAL LIABILITIES | $325M |
| Common Stock | $530M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $596M |
| Treasury Stock | -$334M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $787M |
| Minority Interest | $0 |
| TOTAL EQUITY | $787M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $86M |
| Net Debt | -$310M |
