| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $173M | $157M | $125M | 10.6% | 38.9% |
| Op. Income | -$12M | -$132.0K | -$8M | -8800.8% | -48.9% |
| Gross Margin | 45.6% | 49.6% | 40.0% | -4.0pp | 5.6pp |
| Net Margin | -5.5% | 0.3% | -37.1% | -5.8pp | 31.6pp |
| EPS (Diluted) | $-0.09 | $0.00 | $-0.43 | -2172.1% | 79.3% |
| Free Cash Flow | -$2M | -$2M | -$1M | 10.6% | -97.0% |
| Item | Amount |
|---|---|
| REVENUE | $173M |
| Cost of Revenue | $94M |
| GROSS PROFIT | $79M |
| R&D Expenses | $45M |
| Selling & Marketing | $26M |
| General & Administrative | $20M |
| SG&A Expenses | $45M |
| Other Expenses | $0 |
| Operating Expenses | $91M |
| Cost & Expenses | $185M |
| OPERATING INCOME | -$12M |
| Interest Income | $0 |
| Interest Expense | $112.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | -$172.0K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $2M |
| EBIT | -$10M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $594.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$45M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$46M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$500.0K |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $138M |
| Short-Term Investments | $42M |
| Net Receivables | $134M |
| Inventory | $69M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $398M |
| PP&E (Net) | $23M |
| Goodwill | $1M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $31M |
| TOTAL ASSETS | $428M |
| Account Payables | $55M |
| Short-Term Debt | $0 |
| Deferred Revenue | $41M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $186M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $13M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $206M |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $483M |
| Retained Earnings | -$261M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7.0K |
| Other Equity | $740.0K |
| TOTAL STOCKHOLDERS' EQUITY | $222M |
| Minority Interest | $0 |
| TOTAL EQUITY | $222M |
| TOTAL LIABILITIES & EQUITY | $428M |
| Total Debt | $0 |
| Net Debt | -$138M |
