| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $39M | $36M | $44M | 10.4% | -10.5% |
| Op. Income | -$27M | -$26M | -$22M | -4.2% | -24.5% |
| Gross Margin | -27.2% | -15.7% | -9.8% | -11.5pp | -17.4pp |
| Net Margin | -66.2% | -70.0% | -50.9% | 3.8pp | -15.3pp |
| EPS (Diluted) | $-2.86 | $-2.75 | $-2.47 | -4.0% | -15.8% |
| Free Cash Flow | -$13M | -$52M | -$5M | 74.4% | -162.7% |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $50M |
| GROSS PROFIT | -$11M |
| R&D Expenses | $5M |
| Selling & Marketing | -$300.0K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $2M |
| Operating Expenses | $17M |
| Cost & Expenses | $67M |
| OPERATING INCOME | -$27M |
| Interest Income | $600.0K |
| Interest Expense | $1M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | -$200.0K |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $2M |
| EBIT | -$25M |
| EBITDA | -$23M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $300.0K |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $200.0K |
| NET CASH FROM INVESTING | $200.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $140M |
| Short-Term Investments | $0 |
| Net Receivables | $28M |
| Inventory | $100M |
| Other Current Assets | $153M |
| TOTAL CURRENT ASSETS | $421M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $80M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $105M |
| TOTAL ASSETS | $526M |
| Account Payables | $47M |
| Short-Term Debt | $0 |
| Deferred Revenue | $195M |
| Other Current Liabilities | $45M |
| TOTAL CURRENT LIABILITIES | $307M |
| Long-Term Debt | $155M |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $319M |
| TOTAL NON-CURRENT LIABILITIES | $489M |
| TOTAL LIABILITIES | $796M |
| Common Stock | $900.0K |
| Additional Paid-In Capital | $60M |
| Retained Earnings | -$336M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $2M |
| TOTAL STOCKHOLDERS' EQUITY | -$270M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$270M |
| TOTAL LIABILITIES & EQUITY | $526M |
| Total Debt | $155M |
| Net Debt | $15M |
