| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $79M | $73M | $58M | 7.9% | 35.1% |
| Op. Income | -$12M | -$10M | -$14M | -25.0% | 15.1% |
| Gross Margin | 71.9% | 72.7% | 70.2% | -0.8pp | 1.7pp |
| Net Margin | -17.0% | -15.9% | -24.5% | -1.0pp | 7.5pp |
| EPS (Diluted) | $-0.28 | $-0.24 | $-0.31 | -16.7% | 9.7% |
| Free Cash Flow | -$7M | -$22M | -$13M | 69.3% | 46.4% |
| Item | Amount |
|---|---|
| REVENUE | $79M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $57M |
| R&D Expenses | $20M |
| Selling & Marketing | $38M |
| General & Administrative | $11M |
| SG&A Expenses | $49M |
| Other Expenses | -$29.0K |
| Operating Expenses | $69M |
| Cost & Expenses | $91M |
| OPERATING INCOME | -$12M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$519.0K |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $4M |
| EBIT | -$11M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $97.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$594.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $68M |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | $33M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $127M |
| Short-Term Investments | $119M |
| Net Receivables | $69M |
| Inventory | $14M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $344M |
| PP&E (Net) | $111M |
| Goodwill | $98M |
| Intangible Assets | $30M |
| Long-Term Investments | $19M |
| Tax Assets | $29M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $292M |
| TOTAL ASSETS | $636M |
| Account Payables | $13M |
| Short-Term Debt | $6M |
| Deferred Revenue | $199M |
| Other Current Liabilities | -$6M |
| TOTAL CURRENT LIABILITIES | $251M |
| Long-Term Debt | $180M |
| Deferred Revenue NC | $45M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $297M |
| TOTAL LIABILITIES | $549M |
| Common Stock | $488.0K |
| Additional Paid-In Capital | $581M |
| Retained Earnings | -$490M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | $351.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $88M |
| Minority Interest | $0 |
| TOTAL EQUITY | $88M |
| TOTAL LIABILITIES & EQUITY | $636M |
| Total Debt | $258M |
| Net Debt | $131M |
