| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $58M | $48M | $56M | 20.5% | 3.3% |
| Op. Income | -$18M | -$31M | -$21M | 43.6% | 16.6% |
| Gross Margin | 75.8% | 74.6% | 70.1% | 1.2pp | 5.7pp |
| Net Margin | -63.4% | -54.9% | -27.2% | -8.5pp | -36.2pp |
| EPS (Diluted) | $-0.33 | $-0.24 | $-0.14 | -37.5% | -135.7% |
| Free Cash Flow | $37M | $28M | $61.0K | 30.2% | 59867.2% |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $44M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $76M |
| OPERATING INCOME | -$18M |
| Interest Income | $7M |
| Interest Expense | $3M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$37M |
| D&A | $10M |
| EBIT | -$30M |
| EBITDA | -$20M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$37M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$52.0K |
| Other Non-Cash Items | $19M |
| Change in Working Capital | $40M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$146M |
| Sales/Maturities of Investments | $86M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$64M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $114M |
| Short-Term Investments | $224M |
| Net Receivables | $206M |
| Inventory | $9M |
| Other Current Assets | $78M |
| TOTAL CURRENT ASSETS | $641M |
| PP&E (Net) | $58M |
| Goodwill | $153M |
| Intangible Assets | $30M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $426M |
| TOTAL NON-CURRENT ASSETS | $671M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $84M |
| Long-Term Debt | $145M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $100M |
| TOTAL NON-CURRENT LIABILITIES | $255M |
| TOTAL LIABILITIES | $339M |
| Common Stock | $111.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$263M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $973M |
| Minority Interest | $0 |
| TOTAL EQUITY | $973M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $163M |
| Net Debt | $49M |
