| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $250M | $207M | $157M | 21.0% | 59.5% |
| Op. Income | -$10M | -$11M | -$132.0K | 3.3% | -7768.2% |
| Gross Margin | 45.7% | 48.8% | 49.6% | -3.2pp | -3.9pp |
| Net Margin | -3.7% | -4.7% | 0.3% | 1.0pp | -4.1pp |
| EPS (Diluted) | $-0.08 | $-0.09 | $0.00 | 7.2% | -1995.3% |
| Free Cash Flow | $7M | -$16M | -$2M | 142.1% | 372.4% |
| Item | Amount |
|---|---|
| REVENUE | $250M |
| Cost of Revenue | $136M |
| GROSS PROFIT | $114M |
| R&D Expenses | $62M |
| Selling & Marketing | $37M |
| General & Administrative | $26M |
| SG&A Expenses | $63M |
| Other Expenses | $0 |
| Operating Expenses | $125M |
| Cost & Expenses | $260M |
| OPERATING INCOME | -$10M |
| Interest Income | $0 |
| Interest Expense | $571.0K |
| Other Income/Expenses | $669.0K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | -$384.0K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $11M |
| EBIT | -$9M |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$143.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $90M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $114M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $376M |
| Short-Term Investments | $11M |
| Net Receivables | $204M |
| Inventory | $39M |
| Other Current Assets | $912.0K |
| TOTAL CURRENT ASSETS | $650M |
| PP&E (Net) | $164M |
| Goodwill | $1M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $171M |
| TOTAL ASSETS | $821M |
| Account Payables | $62M |
| Short-Term Debt | $0 |
| Deferred Revenue | $42M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $238M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $122M |
| TOTAL LIABILITIES | $360M |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $734M |
| Retained Earnings | -$273M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $461M |
| Minority Interest | $0 |
| TOTAL EQUITY | $461M |
| TOTAL LIABILITIES & EQUITY | $821M |
| Total Debt | $121M |
| Net Debt | -$254M |
