| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $51M | $57M | $62M | -9.8% | -17.4% |
| Op. Income | $7M | $9M | $14M | -21.9% | -50.3% |
| Gross Margin | 55.0% | 55.7% | 57.7% | -0.8pp | -2.7pp |
| Net Margin | 12.7% | 13.7% | 19.1% | -1.0pp | -6.5pp |
| EPS (Diluted) | $0.23 | $0.27 | $0.41 | -14.8% | -43.9% |
| Free Cash Flow | -$7M | $16M | $7M | -143.4% | -198.5% |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $28M |
| R&D Expenses | $12M |
| Selling & Marketing | $7M |
| General & Administrative | $2M |
| SG&A Expenses | $9M |
| Other Expenses | $656.0K |
| Operating Expenses | $21M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $7M |
| Interest Income | $855.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $855.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $3M |
| EBIT | $7M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $28M |
| R&D Expenses | $12M |
| Selling & Marketing | $7M |
| General & Administrative | $2M |
| SG&A Expenses | $9M |
| Other Expenses | $656.0K |
| Operating Expenses | $21M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $7M |
| Interest Income | $855.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $855.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $3M |
| EBIT | $7M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$147.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $166.0K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $147M |
| Net Receivables | $48M |
| Inventory | $49M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $283M |
| PP&E (Net) | $46M |
| Goodwill | $20M |
| Intangible Assets | $9M |
| Long-Term Investments | $2M |
| Tax Assets | $4M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $83M |
| TOTAL ASSETS | $366M |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $45M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $75M |
| Common Stock | $291M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $291M |
| Minority Interest | $0 |
| TOTAL EQUITY | $291M |
| TOTAL LIABILITIES & EQUITY | $366M |
| Total Debt | $29M |
| Net Debt | -$2M |
