| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $92M | $87M | $73M | 6.0% | 25.6% |
| Op. Income | -$2M | -$1M | -$257.0K | -64.7% | -722.2% |
| Gross Margin | 16.0% | 17.3% | 16.8% | -1.3pp | -0.9pp |
| Net Margin | -2.1% | -1.5% | -0.5% | -0.6pp | -1.6pp |
| EPS (Diluted) | $-0.06 | $-0.04 | $-0.01 | -47.6% | -353.7% |
| Free Cash Flow | $2M | $3M | -$2M | -34.4% | 209.5% |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $15M |
| R&D Expenses | $3M |
| Selling & Marketing | $9M |
| General & Administrative | $5M |
| SG&A Expenses | $14M |
| Other Expenses | $272.0K |
| Operating Expenses | $17M |
| Cost & Expenses | $94M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $317.0K |
| Other Income/Expenses | $136.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$46.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $2M |
| EBIT | -$2M |
| EBITDA | -$96.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $100.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$902.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $5.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $967.0K |
| Common Stock Repurchased | -$50.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$144.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $757.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $65M |
| Net Receivables | $44M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $140M |
| PP&E (Net) | $69M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $91M |
| TOTAL ASSETS | $230M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $44M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $78M |
| Long-Term Debt | $19M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $99M |
| Common Stock | $0 |
| Additional Paid-In Capital | $229M |
| Retained Earnings | -$87M |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | -$407.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $131M |
| Minority Interest | $0 |
| TOTAL EQUITY | $131M |
| TOTAL LIABILITIES & EQUITY | $230M |
| Total Debt | $19M |
| Net Debt | -$8M |
