| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $208M | $187M | $223M | 11.6% | -6.6% |
| Op. Income | -$22M | -$34M | -$16M | 35.8% | -34.1% |
| Gross Margin | 45.8% | 43.6% | 48.1% | 2.3pp | -2.3pp |
| Net Margin | -13.0% | -17.5% | -6.5% | 4.5pp | -6.4pp |
| EPS (Diluted) | $-0.27 | $-0.31 | $-0.14 | 12.9% | -92.9% |
| Free Cash Flow | $7M | -$73M | -$23M | 109.8% | 130.5% |
| Item | Amount |
|---|---|
| REVENUE | $208M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $95M |
| R&D Expenses | $35M |
| Selling & Marketing | $61M |
| General & Administrative | $21M |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $117M |
| Cost & Expenses | $230M |
| OPERATING INCOME | -$22M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | $494.0K |
| Net Income from Continuing Ops | -$27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$27M |
| D&A | $10M |
| EBIT | -$25M |
| EBITDA | -$16M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$27M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$29.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$119.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $526.0K |
| NET CASH FROM FINANCING | $407.0K |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $124M |
| Short-Term Investments | $0 |
| Net Receivables | $53M |
| Inventory | $113M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $305M |
| PP&E (Net) | $90M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $982.0K |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $96M |
| TOTAL ASSETS | $401M |
| Account Payables | $117M |
| Short-Term Debt | $0 |
| Deferred Revenue | $17M |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $201M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $39M |
| Deferred Tax Liabilities | $90M |
| Other Non-Current Liabilities | $101M |
| TOTAL NON-CURRENT LIABILITIES | $179M |
| TOTAL LIABILITIES | $380M |
| Common Stock | $61.0K |
| Additional Paid-In Capital | $235M |
| Retained Earnings | -$202M |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | -$90M |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | $0 |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $401M |
| Total Debt | $40M |
| Net Debt | -$85M |
