| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $157M | $137M | $100M | 14.8% | 57.4% |
| Op. Income | -$132.0K | -$7M | -$13M | 98.1% | 99.0% |
| Gross Margin | 49.6% | 46.2% | 37.8% | 3.4pp | 11.8pp |
| Net Margin | 0.3% | -4.9% | -15.6% | 5.2pp | 15.9pp |
| EPS (Diluted) | $0.00 | $-0.07 | $-0.16 | 106.4% | 102.7% |
| Free Cash Flow | -$2M | -$18M | $948.0K | 86.5% | -357.1% |
| Item | Amount |
|---|---|
| REVENUE | $157M |
| Cost of Revenue | $79M |
| GROSS PROFIT | $78M |
| R&D Expenses | $40M |
| Selling & Marketing | $22M |
| General & Administrative | $15M |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $157M |
| OPERATING INCOME | -$132.0K |
| Interest Income | $0 |
| Interest Expense | $57.0K |
| Other Income/Expenses | $304.0K |
| INCOME BEFORE TAX | $172.0K |
| Income Tax Expense | -$354.0K |
| Net Income from Continuing Ops | $526.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $526.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $526.0K |
| D&A | $2M |
| EBIT | $229.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $526.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $341.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $174M |
| Short-Term Investments | $0 |
| Net Receivables | $124M |
| Inventory | $39M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $354M |
| PP&E (Net) | $20M |
| Goodwill | $1M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $382M |
| Account Payables | $33M |
| Short-Term Debt | $0 |
| Deferred Revenue | $44M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $150M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $170M |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $463M |
| Retained Earnings | -$251M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $212M |
| Minority Interest | $0 |
| TOTAL EQUITY | $212M |
| TOTAL LIABILITIES & EQUITY | $382M |
| Total Debt | $0 |
| Net Debt | -$174M |
