| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $130M | $141M | $144M | -7.2% | -9.3% |
| Op. Income | -$3M | $17M | $19M | -116.3% | -114.7% |
| Gross Margin | 49.5% | 55.4% | 54.7% | -6.0pp | -5.2pp |
| Net Margin | 9.5% | -0.9% | 8.2% | 10.4pp | 1.3pp |
| EPS (Diluted) | $0.18 | $-0.02 | $0.18 | 1018.4% | 0.0% |
| Free Cash Flow | $30M | $30M | $5M | 0.3% | 480.5% |
| Item | Amount |
|---|---|
| REVENUE | $130M |
| Cost of Revenue | $66M |
| GROSS PROFIT | $65M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $41M |
| Other Expenses | $0 |
| Operating Expenses | $67M |
| Cost & Expenses | $133M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$18M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $12M |
| EBIT | -$3M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $36M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | -$97.0K |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $27.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $303M |
| Short-Term Investments | $0 |
| Net Receivables | $66M |
| Inventory | $65M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $467M |
| PP&E (Net) | $122M |
| Goodwill | $342M |
| Intangible Assets | $53M |
| Long-Term Investments | $27M |
| Tax Assets | $25M |
| Other Non-Current Assets | $62M |
| TOTAL NON-CURRENT ASSETS | $631M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $39M |
| Short-Term Debt | $16M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $114M |
| Long-Term Debt | $207M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $69M |
| TOTAL NON-CURRENT LIABILITIES | $291M |
| TOTAL LIABILITIES | $405M |
| Common Stock | $785.0K |
| Additional Paid-In Capital | $438M |
| Retained Earnings | $524M |
| Treasury Stock | -$269M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $693M |
| Minority Interest | $0 |
| TOTAL EQUITY | $693M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $223M |
| Net Debt | -$80M |
