| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $231M | $249M | $367M | -7.3% | -37.1% |
| Op. Income | $326.0K | $14M | -$3M | -97.7% | 110.9% |
| Gross Margin | 28.3% | 32.9% | 29.8% | -4.6pp | -1.4pp |
| Net Margin | 0.4% | 5.2% | -1.4% | -4.8pp | 1.8pp |
| EPS (Diluted) | $0.03 | $0.39 | $-0.17 | -92.3% | 117.6% |
| Free Cash Flow | $24M | -$43M | -$27M | 155.2% | 187.8% |
| Item | Amount |
|---|---|
| REVENUE | $231M |
| Cost of Revenue | $165M |
| GROSS PROFIT | $65M |
| R&D Expenses | $19M |
| Selling & Marketing | $35M |
| General & Administrative | $10M |
| SG&A Expenses | $45M |
| Other Expenses | $487.0K |
| Operating Expenses | $64M |
| Cost & Expenses | $229M |
| OPERATING INCOME | $326.0K |
| Interest Income | $782.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $756.0K |
| Net Income from Continuing Ops | $839.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $839.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $839.0K |
| D&A | $5M |
| EBIT | $326.0K |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $231M |
| Cost of Revenue | $165M |
| GROSS PROFIT | $65M |
| R&D Expenses | $19M |
| Selling & Marketing | $35M |
| General & Administrative | $10M |
| SG&A Expenses | $45M |
| Other Expenses | $487.0K |
| Operating Expenses | $64M |
| Cost & Expenses | $229M |
| OPERATING INCOME | $326.0K |
| Interest Income | $782.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $756.0K |
| Net Income from Continuing Ops | $839.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $839.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $839.0K |
| D&A | $5M |
| EBIT | $326.0K |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $839.0K |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $968.0K |
| Other Non-Cash Items | -$29.0K |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.0K |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | $24M |
| NET CASH FROM INVESTING | $20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $923.0K |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $215M |
| Short-Term Investments | $4M |
| Net Receivables | $239M |
| Inventory | $276M |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $772M |
| PP&E (Net) | $55M |
| Goodwill | $81M |
| Intangible Assets | $13M |
| Long-Term Investments | $8M |
| Tax Assets | $55M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $221M |
| TOTAL ASSETS | $993M |
| Account Payables | $108M |
| Short-Term Debt | $0 |
| Deferred Revenue | $10M |
| Other Current Liabilities | $162M |
| TOTAL CURRENT LIABILITIES | $315M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $55M |
| TOTAL LIABILITIES | $370M |
| Common Stock | $31.0K |
| Additional Paid-In Capital | $812M |
| Retained Earnings | -$190M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $12.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $622M |
| Minority Interest | $0 |
| TOTAL EQUITY | $622M |
| TOTAL LIABILITIES & EQUITY | $993M |
| Total Debt | $29M |
| Net Debt | -$185M |
