| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $261M | $250M | $173M | 4.3% | 50.5% |
| Op. Income | -$27M | -$10M | -$12M | -155.6% | -126.0% |
| Gross Margin | 45.4% | 45.7% | 45.6% | -0.3pp | -0.2pp |
| Net Margin | -9.6% | -3.7% | -5.5% | -5.9pp | -4.1pp |
| EPS (Diluted) | $-0.22 | $-0.08 | $-0.09 | -169.9% | -146.9% |
| Free Cash Flow | -$5M | $7M | -$2M | -169.7% | -112.5% |
| Item | Amount |
|---|---|
| REVENUE | $261M |
| Cost of Revenue | $142M |
| GROSS PROFIT | $118M |
| R&D Expenses | $68M |
| Selling & Marketing | $47M |
| General & Administrative | $30M |
| SG&A Expenses | $77M |
| Other Expenses | $0 |
| Operating Expenses | $145M |
| Cost & Expenses | $287M |
| OPERATING INCOME | -$27M |
| Interest Income | $0 |
| Interest Expense | $767.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | -$96.0K |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $10M |
| EBIT | -$24M |
| EBITDA | -$15M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $105.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $386M |
| Short-Term Investments | $1M |
| Net Receivables | $196M |
| Inventory | $74M |
| Other Current Assets | $913.0K |
| TOTAL CURRENT ASSETS | $687M |
| PP&E (Net) | $204M |
| Goodwill | $1M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $210M |
| TOTAL ASSETS | $897M |
| Account Payables | $77M |
| Short-Term Debt | $0 |
| Deferred Revenue | $38M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $277M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $13M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $156M |
| TOTAL LIABILITIES | $434M |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $762M |
| Retained Earnings | -$298M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $464M |
| Minority Interest | $0 |
| TOTAL EQUITY | $464M |
| TOTAL LIABILITIES & EQUITY | $897M |
| Total Debt | $159M |
| Net Debt | -$227M |
