| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $167M | $156M | $126M | 7.2% | 33.1% |
| Op. Income | -$38M | -$268M | -$14M | 85.9% | -173.7% |
| Gross Margin | 78.2% | 62.6% | 77.3% | 15.6pp | 0.9pp |
| Net Margin | -22.0% | -173.7% | -9.6% | 151.8pp | -12.4pp |
| EPS (Diluted) | $-0.22 | $-7.45 | $-0.38 | 97.0% | 42.1% |
| Free Cash Flow | $18M | $9M | $8M | 108.4% | 136.0% |
| Item | Amount |
|---|---|
| REVENUE | $167M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $131M |
| R&D Expenses | $34M |
| Selling & Marketing | $104M |
| General & Administrative | $31M |
| SG&A Expenses | $135M |
| Other Expenses | $0 |
| Operating Expenses | $168M |
| Cost & Expenses | $205M |
| OPERATING INCOME | -$38M |
| Interest Income | $3M |
| Interest Expense | $47.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$35M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$37M |
| D&A | $7M |
| EBIT | -$35M |
| EBITDA | -$28M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$37M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $40M |
| Deferred Income Tax | -$6.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $23M |
| 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 | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $530M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $549M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $819M |
| Short-Term Investments | $0 |
| Net Receivables | $122M |
| Inventory | $0 |
| Other Current Assets | $367.0K |
| TOTAL CURRENT ASSETS | $968M |
| PP&E (Net) | $60M |
| Goodwill | $35M |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $96M |
| TOTAL NON-CURRENT ASSETS | $202M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $290M |
| Other Current Liabilities | $65M |
| TOTAL CURRENT LIABILITIES | $390M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $37M |
| TOTAL LIABILITIES | $426M |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$810M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $743M |
| Minority Interest | $0 |
| TOTAL EQUITY | $743M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $0 |
| Net Debt | -$819M |
