| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $78M | $71M | $59M | 8.9% | 32.6% |
| Op. Income | -$14M | -$17M | -$7M | 16.3% | -115.0% |
| Gross Margin | 48.4% | 47.8% | 50.0% | 0.6pp | -1.6pp |
| Net Margin | -22.3% | -27.1% | -14.7% | 4.8pp | -7.6pp |
| EPS (Diluted) | $-0.39 | $-0.44 | $-0.20 | 11.4% | -95.0% |
| Free Cash Flow | -$13M | -$16M | -$20M | 18.4% | 32.8% |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $38M |
| R&D Expenses | $19M |
| Selling & Marketing | $16M |
| General & Administrative | $14M |
| SG&A Expenses | $30M |
| Other Expenses | -$3M |
| Operating Expenses | $50M |
| Cost & Expenses | $90M |
| OPERATING INCOME | -$14M |
| Interest Income | $856.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | -$237.0K |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $6M |
| EBIT | -$13M |
| EBITDA | -$8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$480.0K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $288.0K |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $34M |
| Other Investing Activities | -$288.0K |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | $307M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $160M |
| NET CASH FROM FINANCING | $467M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | $473M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $583M |
| Short-Term Investments | $35M |
| Net Receivables | $27M |
| Inventory | $19M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $670M |
| PP&E (Net) | $64M |
| Goodwill | $108M |
| Intangible Assets | $57M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $53M |
| TOTAL NON-CURRENT ASSETS | $282M |
| TOTAL ASSETS | $952M |
| Account Payables | $8M |
| Short-Term Debt | $7M |
| Deferred Revenue | $46M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $100M |
| Long-Term Debt | $414M |
| Deferred Revenue NC | $25M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $499.0K |
| TOTAL NON-CURRENT LIABILITIES | $466M |
| TOTAL LIABILITIES | $566M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $595M |
| Retained Earnings | -$209M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $164.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $386M |
| Minority Interest | $0 |
| TOTAL EQUITY | $386M |
| TOTAL LIABILITIES & EQUITY | $952M |
| Total Debt | $447M |
| Net Debt | -$136M |
