| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $187M | $469M | — | -60.2% | — |
| Op. Income | -$34M | $46M | — | -172.9% | — |
| Gross Margin | 43.6% | 41.8% | — | 1.7pp | — |
| Net Margin | -17.5% | 9.7% | — | -27.2pp | — |
| EPS (Diluted) | $-0.31 | $0.43 | — | -172.1% | — |
| Free Cash Flow | -$73M | $56M | — | -231.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $187M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $81M |
| R&D Expenses | $35M |
| Selling & Marketing | $59M |
| General & Administrative | $21M |
| SG&A Expenses | $80M |
| Other Expenses | $0 |
| Operating Expenses | $115M |
| Cost & Expenses | $220M |
| OPERATING INCOME | -$34M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$32M |
| Income Tax Expense | $601.0K |
| Net Income from Continuing Ops | -$33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.0K |
| NET INCOME | -$33M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $9M |
| EBIT | -$31M |
| EBITDA | -$22M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$33M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $81.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$48M |
| OPERATING CASH FLOW | -$63M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$137.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $788.0K |
| NET CASH FROM FINANCING | $651.0K |
| FREE CASH FLOW | -$73M |
| Net Change in Cash | -$71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $118M |
| Short-Term Investments | $0 |
| Net Receivables | $36M |
| Inventory | $88M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $253M |
| PP&E (Net) | $92M |
| Goodwill | $1M |
| Intangible Assets | $0 |
| Long-Term Investments | -$1M |
| Tax Assets | $1M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $98M |
| TOTAL ASSETS | $352M |
| Account Payables | $66M |
| Short-Term Debt | $0 |
| Deferred Revenue | $11M |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $136M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $39M |
| Deferred Tax Liabilities | $90M |
| Other Non-Current Liabilities | $102M |
| TOTAL NON-CURRENT LIABILITIES | $180M |
| TOTAL LIABILITIES | $316M |
| Common Stock | $60.0K |
| Additional Paid-In Capital | $224M |
| Retained Earnings | -$175M |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | -$181M |
| TOTAL STOCKHOLDERS' EQUITY | $36M |
| Minority Interest | $0 |
| TOTAL EQUITY | $36M |
| TOTAL LIABILITIES & EQUITY | $352M |
| Total Debt | $40M |
| Net Debt | -$78M |
