| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $153M | $192M | $83M | -20.4% | 84.0% |
| Op. Income | -$62M | -$68M | -$29M | 9.4% | -111.5% |
| Gross Margin | 78.0% | 68.7% | 64.0% | 9.3pp | 14.0pp |
| Net Margin | -40.6% | -35.5% | -47.5% | -5.1pp | 6.9pp |
| EPS (Diluted) | $-0.61 | $-0.70 | $-0.95 | 12.9% | 35.8% |
| Free Cash Flow | -$52M | -$26M | -$22M | -100.3% | -134.1% |
| Item | Amount |
|---|---|
| REVENUE | $153M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $119M |
| R&D Expenses | $0 |
| Selling & Marketing | $116M |
| General & Administrative | $29M |
| SG&A Expenses | $145M |
| Other Expenses | $36M |
| Operating Expenses | $181M |
| Cost & Expenses | $215M |
| OPERATING INCOME | -$62M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | -$688.0K |
| INCOME BEFORE TAX | -$62M |
| Income Tax Expense | $50.0K |
| Net Income from Continuing Ops | -$62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$62M |
| D&A | $8M |
| EBIT | -$61M |
| EBITDA | -$52M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$62M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $445.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$52M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$81M |
| NET CASH FROM INVESTING | -$81M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$52M |
| Net Change in Cash | -$130M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $237M |
| Short-Term Investments | $205M |
| Net Receivables | $46M |
| Inventory | $1M |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $551M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $1.2B |
| Long-Term Investments | $23M |
| Tax Assets | $22M |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $153M |
| Short-Term Debt | $250.0K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $169M |
| Long-Term Debt | $589.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $136.0K |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $176M |
| Common Stock | $51.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$428M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $98M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $2M |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $839.0K |
| Net Debt | -$236M |
