| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $192M | $177M | $151M | 8.5% | 27.2% |
| Op. Income | $17M | $8M | $7M | 123.7% | 147.6% |
| Gross Margin | 64.1% | 65.7% | 67.5% | -1.7pp | -3.4pp |
| Net Margin | 0.4% | 0.8% | 1.1% | -0.4pp | -0.7pp |
| EPS (Diluted) | $0.01 | $0.02 | $0.03 | -50.0% | -66.7% |
| Free Cash Flow | $8M | -$38M | -$22M | 122.3% | 138.6% |
| Item | Amount |
|---|---|
| REVENUE | $192M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $123M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $75M |
| Other Expenses | $0 |
| Operating Expenses | $106M |
| Cost & Expenses | $175M |
| OPERATING INCOME | $17M |
| Interest Income | $2M |
| Interest Expense | $9M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $300.0K |
| Net Income from Continuing Ops | $800.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $800.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $800.0K |
| D&A | $8M |
| EBIT | $10M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $192M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $123M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $75M |
| Other Expenses | $0 |
| Operating Expenses | $106M |
| Cost & Expenses | $175M |
| OPERATING INCOME | $17M |
| Interest Income | $2M |
| Interest Expense | $9M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $300.0K |
| Net Income from Continuing Ops | $800.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $800.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $800.0K |
| D&A | $8M |
| EBIT | $10M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $800.0K |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $61M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | $241M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$289.0K |
| NET CASH FROM FINANCING | $258M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $300M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $420M |
| Short-Term Investments | $186M |
| Net Receivables | $78M |
| Inventory | $90M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $785M |
| PP&E (Net) | $368M |
| Goodwill | $40M |
| Intangible Assets | $13M |
| Long-Term Investments | $31M |
| Tax Assets | $0 |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $483M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $21M |
| Short-Term Debt | $2M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $45M |
| TOTAL CURRENT LIABILITIES | $113M |
| Long-Term Debt | $986M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $62.0K |
| Additional Paid-In Capital | $832M |
| Retained Earnings | -$677M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $151M |
| Minority Interest | $0 |
| TOTAL EQUITY | $151M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $1000M |
| Net Debt | $580M |
