| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $177M | $160M | $124M | 11.0% | 42.6% |
| Op. Income | $8M | $7M | $4M | 4.1% | 75.7% |
| Gross Margin | 65.7% | 66.9% | 66.0% | -1.1pp | -0.3pp |
| Net Margin | 0.8% | 2.8% | -1.4% | -2.0pp | 2.2pp |
| EPS (Diluted) | $0.02 | $0.07 | $-0.03 | -71.4% | 169.7% |
| Free Cash Flow | -$38M | -$39M | -$61M | 2.9% | 37.8% |
| Item | Amount |
|---|---|
| REVENUE | $177M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $116M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $76M |
| Other Expenses | $0 |
| Operating Expenses | $109M |
| Cost & Expenses | $170M |
| OPERATING INCOME | $8M |
| Interest Income | $2M |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $500.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$2.0K |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $6M |
| EBIT | $9M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $177M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $116M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $76M |
| Other Expenses | $0 |
| Operating Expenses | $109M |
| Cost & Expenses | $170M |
| OPERATING INCOME | $8M |
| Interest Income | $2M |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $500.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$2.0K |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $6M |
| EBIT | $9M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$52M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$37M |
| Sales/Maturities of Investments | $49M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$429.0K |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | -$38M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $120M |
| Short-Term Investments | $190M |
| Net Receivables | $79M |
| Inventory | $85M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $490M |
| PP&E (Net) | $342M |
| Goodwill | $40M |
| Intangible Assets | $13M |
| Long-Term Investments | $63M |
| Tax Assets | $0 |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $487M |
| TOTAL ASSETS | $978M |
| Account Payables | $25M |
| Short-Term Debt | $2M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $43M |
| TOTAL CURRENT LIABILITIES | $106M |
| Long-Term Debt | $607M |
| Deferred Revenue NC | $986.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $622M |
| TOTAL LIABILITIES | $728M |
| Common Stock | $60.0K |
| Additional Paid-In Capital | $930M |
| Retained Earnings | -$678M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $250M |
| Minority Interest | $0 |
| TOTAL EQUITY | $250M |
| TOTAL LIABILITIES & EQUITY | $978M |
| Total Debt | $617M |
| Net Debt | $497M |
