| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $9M | $11M | -22.2% | -38.5% |
| Op. Income | $3M | $5M | $7M | -41.3% | -61.4% |
| Gross Margin | 57.8% | 68.8% | 73.2% | -11.0pp | -15.3pp |
| Net Margin | 46.2% | 44.0% | 62.2% | 2.3pp | -16.0pp |
| EPS (Diluted) | $0.45 | $0.61 | $1.15 | -26.2% | -60.9% |
| Free Cash Flow | -$46M | $3M | $6M | -1837.1% | -834.7% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | -$190 |
| Operating Expenses | $1M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $3M |
| Interest Income | $10M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$493.8K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $0 |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | -$190 |
| Operating Expenses | $1M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $3M |
| Interest Income | $10M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$493.8K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $0 |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$50M |
| Change in Working Capital | $572.0K |
| OPERATING CASH FLOW | -$46M |
| Capital Expenditure | $3 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$52M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $51M |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $52M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $75M |
| FREE CASH FLOW | -$46M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $393M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $399M |
| TOTAL ASSETS | $441M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $258M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $264M |
| TOTAL LIABILITIES | $268M |
| Common Stock | $7.5K |
| Additional Paid-In Capital | $217M |
| Retained Earnings | -$25M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$20M |
| TOTAL STOCKHOLDERS' EQUITY | $173M |
| Minority Interest | $0 |
| TOTAL EQUITY | $173M |
| TOTAL LIABILITIES & EQUITY | $441M |
| Total Debt | $258M |
| Net Debt | $220M |
