BORQS TECHNOLOGIES, INC.
Income Statement
| Line Item | Sep 2018 | Jun 2018 | Mar 2018 | Dec 2017 | Sep 2017 | Jun 2017 | Mar 2017 | Sep 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $28.3M | $56.3M | $58.3M | $56.6M | $44.3M | $22.1M | $31.2M | $27.5M |
| Cost of Revenue | $24.5M | $48.6M | $49.4M | $47.0M | $36.6M | $16.4M | $27.1M | $22.5M |
| Gross Profit | $3.8M | $7.7M | $8.9M | $9.6M | $7.7M | $5.7M | $4.2M | $5.0M |
| Gross Margin | 13.6% | 13.7% | 15.2% | 17.0% | 17.4% | 25.7% | 13.3% | 18.3% |
| Operating Expenses | ||||||||
| Research & Development | $908.0K | $1.5M | $889.0K | $1.1M | $3.9M | $1.2M | $292.0K | $825.0K |
| SG&A Expense | $1.8M | $2.3M | $3.1M | $4.6M | $12.1M | $2.6M | $1.6M | $3.7M |
| Operating Income | $-873.0K | $2.3M | $3.2M | $2.2M | $-11.5M | $260.0K | $1.1M | $-713.0K |
| Operating Margin | -3.1% | 4.1% | 5.5% | 3.9% | -25.9% | 1.2% | 3.4% | -2.6% |
| Interest Expense | $991.0K | $1.1M | $245.0K | $356.0K | $378.0K | $524.0K | $619.0K | $86.0K |
| Pretax Income | $-1.8M | $1.9M | $2.6M | $1.5M | $-11.5M | $-519.0K | $462.0K | $-730.0K |
| Income Tax Expense | $396.0K | $-146.0K | $1.2M | $1.3M | $58.0K | $446.0K | $444.0K | $1.3M |
| Net Income | $-2.5M | $1.8M | $1.2M | $386.0K | $-11.8M | $-1.2M | $96.0K | $-1.9M |
| Net Margin | -8.9% | 3.2% | 2.1% | 0.7% | -26.7% | -5.3% | 0.3% | -6.8% |
| EPS (Basic) | $-0.09 | $0.07 | $0.05 | $0.06 | $-0.40 | $-0.10 | $-0.02 | $-0.16 |
| EPS (Diluted) | $-0.09 | $0.07 | $0.04 | $0.06 | $-0.40 | $-0.10 | $-0.02 | $-0.16 |
| Shares Outstanding (Basic) | 27.7M | 26.8M | 26.4M | 12.8M | 45.6M | 12.8M | 12.7M | 12.8M |
| Shares Outstanding (Diluted) | 27.7M | 27.7M | 27.5M | 12.8M | 45.6M | 12.8M | 12.7M | 12.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |