| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $210M | $496M | $187M | -57.7% | 12.6% |
| Op. Income | -$23M | $69M | -$34M | -133.5% | 32.0% |
| Gross Margin | 43.0% | 39.3% | 43.6% | 3.7pp | -0.5pp |
| Net Margin | -10.9% | 12.4% | -17.5% | -23.3pp | 6.6pp |
| EPS (Diluted) | $-0.22 | $0.55 | $-0.31 | -140.0% | 29.0% |
| Free Cash Flow | -$30M | $87M | -$73M | -134.2% | 59.3% |
| Item | Amount |
|---|---|
| REVENUE | $210M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $90M |
| R&D Expenses | $40M |
| Selling & Marketing | $49M |
| General & Administrative | $24M |
| SG&A Expenses | $73M |
| Other Expenses | -$710.0K |
| Operating Expenses | $113M |
| Cost & Expenses | $233M |
| OPERATING INCOME | -$23M |
| Interest Income | $1M |
| Interest Expense | $616.0K |
| Other Income/Expenses | -$99.0K |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | -$213.0K |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $9M |
| EBIT | -$22M |
| EBITDA | -$13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $215.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | -$27M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$566.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $18M |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | -$30M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $295M |
| Short-Term Investments | $0 |
| Net Receivables | $64M |
| Inventory | $104M |
| Other Current Assets | $183.0K |
| TOTAL CURRENT ASSETS | $479M |
| PP&E (Net) | $72M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $474.0K |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $76M |
| TOTAL ASSETS | $554M |
| Account Payables | $86M |
| Short-Term Debt | $10M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $186M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $42M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $82M |
| TOTAL LIABILITIES | $267M |
| Common Stock | $106.0K |
| Additional Paid-In Capital | $464M |
| Retained Earnings | -$165M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$508.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $287M |
| Minority Interest | $0 |
| TOTAL EQUITY | $287M |
| TOTAL LIABILITIES & EQUITY | $554M |
| Total Debt | $40M |
| Net Debt | -$255M |
