| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $200M | $178M | $149M | 12.0% | 34.2% |
| Op. Income | -$63M | -$58M | -$6M | -7.2% | -899.6% |
| Gross Margin | 73.6% | 74.7% | 78.9% | -1.1pp | -5.2pp |
| Net Margin | -33.2% | -29.6% | -4.3% | -3.6pp | -28.9pp |
| EPS (Diluted) | $-0.40 | $-0.31 | $-0.20 | -29.0% | -100.0% |
| Free Cash Flow | $23M | -$4M | $29M | 628.9% | -20.6% |
| Item | Amount |
|---|---|
| REVENUE | $200M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $147M |
| R&D Expenses | $43M |
| Selling & Marketing | $128M |
| General & Administrative | $39M |
| SG&A Expenses | $167M |
| Other Expenses | $0 |
| Operating Expenses | $210M |
| Cost & Expenses | $262M |
| OPERATING INCOME | -$63M |
| Interest Income | $5M |
| Interest Expense | $7M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$65M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$66M |
| D&A | $12M |
| EBIT | -$58M |
| EBITDA | -$46M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$66M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $49M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$415M |
| NET CASH FROM INVESTING | -$426M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$216M |
| NET CASH FROM FINANCING | -$181M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | -$576M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $518M |
| Short-Term Investments | $251M |
| Net Receivables | $185M |
| Inventory | $0 |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $985M |
| PP&E (Net) | $76M |
| Goodwill | $195M |
| Intangible Assets | $74M |
| Long-Term Investments | $164M |
| Tax Assets | $0 |
| Other Non-Current Assets | $121M |
| TOTAL NON-CURRENT ASSETS | $631M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $381M |
| Other Current Liabilities | $80M |
| TOTAL CURRENT LIABILITIES | $516M |
| Long-Term Debt | $439M |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $485M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$929M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $614M |
| Minority Interest | $0 |
| TOTAL EQUITY | $614M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $439M |
| Net Debt | -$79M |
