| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $132M | $7M | -69.8% | 510.0% |
| Op. Income | $6M | $102M | -$15M | -93.8% | 142.2% |
| Gross Margin | 90.3% | 98.2% | 79.9% | -7.9pp | 10.4pp |
| Net Margin | 26.5% | 78.7% | -220.6% | -52.3pp | 247.0pp |
| EPS (Diluted) | $0.30 | $3.04 | $-0.47 | -90.1% | 163.8% |
| Free Cash Flow | $68M | $56M | -$11M | 21.1% | 701.5% |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $36M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $6M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $4M |
| 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 | $896.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $36M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $6M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $4M |
| 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 | $896.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $896.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $340.0K |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $61M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$85M |
| Sales/Maturities of Investments | $49M |
| Other Investing Activities | -$36M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $68M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $107M |
| Short-Term Investments | $180M |
| Net Receivables | $739.0K |
| Inventory | $4M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $293M |
| PP&E (Net) | $17M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $20M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $43M |
| TOTAL ASSETS | $336M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $600.0K |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $386M |
| Retained Earnings | -$68M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$771.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $317M |
| Minority Interest | $0 |
| TOTAL EQUITY | $317M |
| TOTAL LIABILITIES & EQUITY | $336M |
| Total Debt | $0 |
| Net Debt | -$107M |
