| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $8M | $21M | 117.4% | -18.1% |
| Op. Income | -$34M | -$44M | -$19M | 23.7% | -75.0% |
| Gross Margin | -107.7% | -331.8% | -36.6% | 224.0pp | -71.1pp |
| Net Margin | -172.6% | -522.2% | -77.7% | 349.7pp | -94.9pp |
| EPS (Diluted) | $-0.26 | $-0.41 | $-0.17 | 36.6% | -52.9% |
| Free Cash Flow | -$43M | -$51M | $119M | 15.1% | -136.4% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $36M |
| GROSS PROFIT | -$19M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $51M |
| OPERATING INCOME | -$34M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | -$72.0K |
| Net Income from Continuing Ops | -$30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$30M |
| D&A | $2M |
| EBIT | -$34M |
| EBITDA | -$33M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$30M |
| Depreciation & Amortization | $868.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$33.0K |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$40M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$157M |
| Sales/Maturities of Investments | $149M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$31.0K |
| NET CASH FROM FINANCING | $140M |
| FREE CASH FLOW | -$43M |
| Net Change in Cash | $88M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $169M |
| Short-Term Investments | $272M |
| Net Receivables | $13M |
| Inventory | $2M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $462M |
| PP&E (Net) | $100M |
| Goodwill | $40M |
| Intangible Assets | $54M |
| Long-Term Investments | $8M |
| Tax Assets | $7M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $212M |
| TOTAL ASSETS | $673M |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $51M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $82M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $94M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $146M |
| TOTAL LIABILITIES | $228M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$634M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$765.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $445M |
| Minority Interest | $614.0K |
| TOTAL EQUITY | $446M |
| TOTAL LIABILITIES & EQUITY | $673M |
| Total Debt | $42M |
| Net Debt | -$128M |
