| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $102M | $98M | $103M | 4.3% | -0.4% |
| Op. Income | $14M | $12M | -$14M | 15.3% | 206.1% |
| Gross Margin | 58.7% | 58.8% | 48.9% | -0.1pp | 9.8pp |
| Net Margin | 8.4% | 7.6% | -19.7% | 0.8pp | 28.1pp |
| EPS (Diluted) | $0.06 | $0.05 | $-0.16 | 20.0% | 137.5% |
| Free Cash Flow | $41M | $17M | $3M | 142.5% | 1433.9% |
| Item | Amount |
|---|---|
| REVENUE | $102M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $60M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | -$2M |
| Operating Expenses | $43M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $180.0K |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $8M |
| EBIT | $12M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $102M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $60M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | -$2M |
| Operating Expenses | $43M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $180.0K |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $8M |
| EBIT | $12M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$628.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$47M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$596.0K |
| NET CASH FROM FINANCING | -$45M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $123M |
| Short-Term Investments | $0 |
| Net Receivables | $38M |
| Inventory | $65M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $256M |
| PP&E (Net) | $66M |
| Goodwill | $268M |
| Intangible Assets | $14M |
| Long-Term Investments | $0 |
| Tax Assets | $227.0K |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $360M |
| TOTAL ASSETS | $617M |
| Account Payables | $34M |
| Short-Term Debt | $17M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $83M |
| Long-Term Debt | $172M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $238M |
| TOTAL LIABILITIES | $321M |
| Common Stock | $1M |
| Additional Paid-In Capital | $757M |
| Retained Earnings | -$461M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $295M |
| Minority Interest | $0 |
| TOTAL EQUITY | $295M |
| TOTAL LIABILITIES & EQUITY | $617M |
| Total Debt | $218M |
| Net Debt | $95M |
