| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $26M | $17M | -7.1% | 40.8% |
| Op. Income | -$24M | -$18M | -$14M | -34.0% | -71.0% |
| Gross Margin | 75.4% | 78.5% | 69.3% | -3.1pp | 6.1pp |
| Net Margin | -85.1% | -53.5% | -77.2% | -31.6pp | -7.9pp |
| EPS (Diluted) | $-0.17 | $-0.11 | $-0.13 | -54.5% | -30.8% |
| Free Cash Flow | -$29M | -$34M | -$8M | 13.0% | -268.6% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $18M |
| R&D Expenses | $21M |
| Selling & Marketing | $13M |
| General & Administrative | $8M |
| SG&A Expenses | $21M |
| Other Expenses | $428.0K |
| Operating Expenses | $42M |
| Cost & Expenses | $48M |
| OPERATING INCOME | -$24M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $2M |
| EBIT | -$24M |
| EBITDA | -$22M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$491.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$27M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$112M |
| Sales/Maturities of Investments | $161M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $47M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $97M |
| Short-Term Investments | $480M |
| Net Receivables | $13M |
| Inventory | $9M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $613M |
| PP&E (Net) | $60M |
| Goodwill | $119M |
| Intangible Assets | $12M |
| Long-Term Investments | $105M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $300M |
| TOTAL ASSETS | $912M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $61M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $78M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $219M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $263M |
| TOTAL LIABILITIES | $341M |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $936M |
| Retained Earnings | -$365M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $671.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $571M |
| Minority Interest | $0 |
| TOTAL EQUITY | $571M |
| TOTAL LIABILITIES & EQUITY | $912M |
| Total Debt | $37M |
| Net Debt | -$60M |
