| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $90M | $108M | — | -16.4% | — |
| Op. Income | -$3M | -$4M | — | 22.1% | — |
| Gross Margin | 39.5% | 43.1% | — | -3.6pp | — |
| Net Margin | -24.0% | -7.0% | — | -17.1pp | — |
| EPS (Diluted) | $-12.20 | $-4.20 | — | -190.5% | — |
| Free Cash Flow | -$479.0K | $2M | — | -125.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $36M |
| R&D Expenses | $8M |
| Selling & Marketing | $17M |
| General & Administrative | $14M |
| SG&A Expenses | $31M |
| Other Expenses | -$196.0K |
| Operating Expenses | $39M |
| Cost & Expenses | $93M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $977.0K |
| Net Income from Continuing Ops | -$22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $1M |
| EBIT | -$16M |
| EBITDA | -$15M |
| EPS | -$12 |
| EPS Diluted | -$12 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $979.0K |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $157.0K |
| Capital Expenditure | -$636.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$281.0K |
| Other Investing Activities | -$41.0K |
| NET CASH FROM INVESTING | -$958.0K |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$479.0K |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $76M |
| Inventory | $40M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $139M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $154M |
| Account Payables | $45M |
| Short-Term Debt | $128M |
| Deferred Revenue | $89M |
| Other Current Liabilities | $34M |
| TOTAL CURRENT LIABILITIES | $311M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $35M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $45M |
| TOTAL LIABILITIES | $356M |
| Common Stock | $356.0K |
| Additional Paid-In Capital | $483M |
| Retained Earnings | -$684M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$202M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$202M |
| TOTAL LIABILITIES & EQUITY | $154M |
| Total Debt | $128M |
| Net Debt | $122M |
