| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $137M | $121M | $56M | 13.4% | 146.5% |
| Op. Income | -$17M | -$42M | -$13M | 60.7% | -31.0% |
| Gross Margin | 54.7% | 45.6% | 65.3% | 9.1pp | -10.6pp |
| Net Margin | -14.5% | -37.1% | -22.2% | 22.6pp | 7.6pp |
| EPS (Diluted) | $-0.20 | $-0.44 | $-0.25 | 54.5% | 20.0% |
| Free Cash Flow | -$28M | $2M | -$2M | -1873.0% | -1076.8% |
| Item | Amount |
|---|---|
| REVENUE | $137M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $75M |
| R&D Expenses | $36M |
| Selling & Marketing | $31M |
| General & Administrative | $15M |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $81M |
| Cost & Expenses | $144M |
| OPERATING INCOME | -$17M |
| Interest Income | $65.0K |
| Interest Expense | $800.0K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $499.0K |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $15M |
| EBIT | -$19M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $289.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | -$26M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$175.0K |
| Common Stock Repurchased | -$346.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$948.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$28M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $22M |
| Net Receivables | $136M |
| Inventory | $19M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $233M |
| PP&E (Net) | $24M |
| Goodwill | $336M |
| Intangible Assets | $220M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $595M |
| TOTAL ASSETS | $828M |
| Account Payables | $34M |
| Short-Term Debt | $20M |
| Deferred Revenue | $88M |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $203M |
| Long-Term Debt | $23M |
| Deferred Revenue NC | $17M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $260M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $567M |
| Minority Interest | $0 |
| TOTAL EQUITY | $567M |
| TOTAL LIABILITIES & EQUITY | $828M |
| Total Debt | $43M |
| Net Debt | $10M |
