| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55M | $50M | $39M | 9.7% | 39.0% |
| Op. Income | -$2M | -$4M | -$1M | 57.2% | -55.3% |
| Gross Margin | 75.5% | 74.3% | 72.8% | 1.2pp | 2.7pp |
| Net Margin | -10.4% | -12.0% | -11.0% | 1.7pp | 0.6pp |
| EPS (Diluted) | $-0.07 | $-0.07 | $-0.06 | 5.9% | -9.9% |
| Free Cash Flow | $10M | $15M | -$2M | -29.6% | 708.8% |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $41M |
| R&D Expenses | $10M |
| Selling & Marketing | $25M |
| General & Administrative | $8M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $56M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | -$3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $441.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $6M |
| EBIT | -$8M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$875.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4.0K |
| NET CASH FROM INVESTING | -$871.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$59M |
| NET CASH FROM FINANCING | -$59M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | -$49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $82M |
| Short-Term Investments | $0 |
| Net Receivables | $55M |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $147M |
| PP&E (Net) | $4M |
| Goodwill | $219M |
| Intangible Assets | $77M |
| Long-Term Investments | $0 |
| Tax Assets | $264.0K |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $303M |
| TOTAL ASSETS | $450M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $81M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $100M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $51.0K |
| TOTAL NON-CURRENT LIABILITIES | $24M |
| TOTAL LIABILITIES | $123M |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$37M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $364M |
| TOTAL STOCKHOLDERS' EQUITY | $327M |
| Minority Interest | $0 |
| TOTAL EQUITY | $327M |
| TOTAL LIABILITIES & EQUITY | $450M |
| Total Debt | $10M |
| Net Debt | -$72M |
