| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $94M | $94M | $74M | 0.3% | 26.8% |
| Op. Income | -$5M | $7M | -$10M | -174.2% | 51.5% |
| Gross Margin | 76.5% | 78.1% | 73.2% | -1.7pp | 3.3pp |
| Net Margin | -12.2% | -2.2% | -18.5% | -10.0pp | 6.3pp |
| EPS (Diluted) | $-0.10 | $-0.02 | $-0.12 | -459.1% | 20.3% |
| Free Cash Flow | $31M | $20M | $13M | 49.9% | 132.7% |
| Item | Amount |
|---|---|
| REVENUE | $94M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $72M |
| R&D Expenses | $36M |
| Selling & Marketing | $17M |
| General & Administrative | $24M |
| SG&A Expenses | $41M |
| Other Expenses | $0 |
| Operating Expenses | $77M |
| Cost & Expenses | $99M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $623.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $7M |
| EBIT | $3M |
| EBITDA | $10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $20.0K |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$296M |
| Sales/Maturities of Investments | $158M |
| Other Investing Activities | -$138M |
| NET CASH FROM INVESTING | -$146M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | -$105M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $450M |
| Short-Term Investments | $345M |
| Net Receivables | $14M |
| Inventory | $10M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $844M |
| PP&E (Net) | $94M |
| Goodwill | $149M |
| Intangible Assets | $21M |
| Long-Term Investments | $340M |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $620M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $4M |
| Short-Term Debt | $5M |
| Deferred Revenue | $27M |
| Other Current Liabilities | -$5M |
| TOTAL CURRENT LIABILITIES | $89M |
| Long-Term Debt | $887M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $906M |
| TOTAL LIABILITIES | $995M |
| Common Stock | $121.0K |
| Additional Paid-In Capital | $895M |
| Retained Earnings | -$425M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $469M |
| Minority Interest | $0 |
| TOTAL EQUITY | $469M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $908M |
| Net Debt | $457M |
