| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $103M | $99M | $94M | 4.1% | 9.1% |
| Op. Income | -$14M | -$795.0K | -$9M | -1606.2% | -55.4% |
| Gross Margin | 48.9% | 57.3% | 54.4% | -8.4pp | -5.5pp |
| Net Margin | -19.7% | -6.0% | -13.8% | -13.7pp | -5.9pp |
| EPS (Diluted) | $-0.16 | $-0.05 | $-0.11 | -233.3% | -45.5% |
| Free Cash Flow | $3M | -$1M | -$2M | 326.5% | 214.3% |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $50M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | -$348.0K |
| Operating Expenses | $47M |
| Cost & Expenses | $99M |
| OPERATING INCOME | -$14M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $10M |
| EBIT | -$14M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | $551.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$910.0K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $106M |
| Short-Term Investments | $0 |
| Net Receivables | $77M |
| Inventory | $66M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $270M |
| PP&E (Net) | $36M |
| Goodwill | $268M |
| Intangible Assets | $29M |
| Long-Term Investments | $0 |
| Tax Assets | $192.0K |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $354M |
| TOTAL ASSETS | $623M |
| Account Payables | $30M |
| Short-Term Debt | $25M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $87M |
| Long-Term Debt | $266M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $306M |
| TOTAL LIABILITIES | $393M |
| Common Stock | $1M |
| Additional Paid-In Capital | $708M |
| Retained Earnings | -$477M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $231M |
| Minority Interest | $0 |
| TOTAL EQUITY | $231M |
| TOTAL LIABILITIES & EQUITY | $623M |
| Total Debt | $290M |
| Net Debt | $197M |
