| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $80M | $78M | $61M | 2.6% | 31.6% |
| Op. Income | -$13M | -$14M | -$7M | 6.7% | -84.3% |
| Gross Margin | 49.3% | 48.4% | 50.2% | 0.8pp | -1.0pp |
| Net Margin | -23.3% | -22.3% | -14.6% | -1.0pp | -8.7pp |
| EPS (Diluted) | $-0.39 | $-0.39 | $-0.21 | 0.0% | -85.7% |
| Free Cash Flow | $16M | -$13M | $16M | 217.4% | -3.9% |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $39M |
| R&D Expenses | $20M |
| Selling & Marketing | $16M |
| General & Administrative | $14M |
| SG&A Expenses | $29M |
| Other Expenses | -$5M |
| Operating Expenses | $50M |
| Cost & Expenses | $90M |
| OPERATING INCOME | -$13M |
| Interest Income | $1M |
| Interest Expense | $7M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | -$31.0K |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $6M |
| EBIT | -$12M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $6.0K |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$791.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$272.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $601M |
| Short-Term Investments | $36M |
| Net Receivables | $25M |
| Inventory | $21M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $689M |
| PP&E (Net) | $69M |
| Goodwill | $108M |
| Intangible Assets | $54M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $289M |
| TOTAL ASSETS | $978M |
| Account Payables | $9M |
| Short-Term Debt | $7M |
| Deferred Revenue | $52M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $116M |
| Long-Term Debt | $419M |
| Deferred Revenue NC | $25M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $480M |
| TOTAL LIABILITIES | $596M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $609M |
| Retained Earnings | -$228M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $142.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $382M |
| Minority Interest | $0 |
| TOTAL EQUITY | $382M |
| TOTAL LIABILITIES & EQUITY | $978M |
| Total Debt | $457M |
| Net Debt | -$144M |
