| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $109M | $112M | $130M | -2.5% | -16.2% |
| Op. Income | -$4M | $2M | $7M | -318.6% | -163.1% |
| Gross Margin | 22.4% | 25.6% | 27.1% | -3.2pp | -4.7pp |
| Net Margin | -3.2% | 1.1% | 1.3% | -4.2pp | -4.5pp |
| EPS (Diluted) | $-0.32 | $0.11 | $0.16 | -390.9% | -300.0% |
| Free Cash Flow | -$32M | -$20M | -$7M | -57.5% | -374.1% |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $85M |
| GROSS PROFIT | $24M |
| R&D Expenses | $4M |
| Selling & Marketing | $8M |
| General & Administrative | $17M |
| SG&A Expenses | $25M |
| Other Expenses | -$181.0K |
| Operating Expenses | $29M |
| Cost & Expenses | $114M |
| OPERATING INCOME | -$4M |
| Interest Income | $751.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$608.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $3M |
| EBIT | -$4M |
| EBITDA | -$425.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$847.0K |
| Other Non-Cash Items | -$196.0K |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | -$26M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$245.0K |
| Sales/Maturities of Investments | $500.0K |
| Other Investing Activities | $30.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$51.0K |
| Common Stock Repurchased | -$4.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$32M |
| Net Change in Cash | -$34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $0 |
| Net Receivables | $89M |
| Inventory | $100M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $317M |
| PP&E (Net) | $65M |
| Goodwill | $65M |
| Intangible Assets | $26M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $183M |
| TOTAL ASSETS | $500M |
| Account Payables | $37M |
| Short-Term Debt | $207.0K |
| Deferred Revenue | $9M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $82M |
| Long-Term Debt | $116M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $991.0K |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $146M |
| TOTAL LIABILITIES | $228M |
| Common Stock | $19M |
| Additional Paid-In Capital | $70M |
| Retained Earnings | $477M |
| Treasury Stock | -$277M |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $272M |
| Minority Interest | $0 |
| TOTAL EQUITY | $272M |
| TOTAL LIABILITIES & EQUITY | $500M |
| Total Debt | $117M |
| Net Debt | $14M |
