| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $103M | $89M | $109M | 15.3% | -6.0% |
| Op. Income | $10M | $6M | $16M | 59.5% | -37.5% |
| Gross Margin | 50.1% | 51.0% | 51.4% | -0.9pp | -1.2pp |
| Net Margin | 10.5% | 8.1% | 14.0% | 2.4pp | -3.5pp |
| EPS (Diluted) | $0.19 | $0.13 | $0.26 | 46.2% | -26.9% |
| Free Cash Flow | $14M | -$3M | $23M | 658.1% | -36.1% |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $52M |
| R&D Expenses | $19M |
| Selling & Marketing | $13M |
| General & Administrative | $7M |
| SG&A Expenses | $20M |
| Other Expenses | $1M |
| Operating Expenses | $40M |
| Cost & Expenses | $91M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $225.0K |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $6M |
| EBIT | $10M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $52M |
| R&D Expenses | $19M |
| Selling & Marketing | $13M |
| General & Administrative | $7M |
| SG&A Expenses | $20M |
| Other Expenses | $1M |
| Operating Expenses | $40M |
| Cost & Expenses | $91M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $225.0K |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $6M |
| EBIT | $10M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $498.0K |
| Other Non-Cash Items | $173.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $37.0K |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$37.0K |
| NET CASH FROM INVESTING | -$42M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $99M |
| Short-Term Investments | $130M |
| Net Receivables | $25M |
| Inventory | $89M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $360M |
| PP&E (Net) | $113M |
| Goodwill | $92M |
| Intangible Assets | $19M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $260M |
| TOTAL ASSETS | $620M |
| Account Payables | $36M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $55M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $153.0K |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $77M |
| Common Stock | $28.0K |
| Additional Paid-In Capital | $134M |
| Retained Earnings | $411M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $544M |
| Minority Interest | $0 |
| TOTAL EQUITY | $544M |
| TOTAL LIABILITIES & EQUITY | $620M |
| Total Debt | $7M |
| Net Debt | -$92M |
