| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $123M | $116M | $98M | 5.5% | 24.8% |
| Op. Income | -$33M | -$24M | -$19M | -39.6% | -71.8% |
| Gross Margin | 75.9% | 74.2% | 74.9% | 1.7pp | 1.0pp |
| Net Margin | -40.1% | -26.3% | -24.0% | -13.8pp | -16.1pp |
| EPS (Diluted) | $-0.17 | $-0.11 | $-0.09 | -54.5% | -98.8% |
| Free Cash Flow | $30M | $59M | $56M | -48.8% | -46.8% |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $93M |
| R&D Expenses | $26M |
| Selling & Marketing | $58M |
| General & Administrative | $32M |
| SG&A Expenses | $90M |
| Other Expenses | $10M |
| Operating Expenses | $126M |
| Cost & Expenses | $156M |
| OPERATING INCOME | -$33M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | -$52M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$49M |
| D&A | $17M |
| EBIT | -$33M |
| EBITDA | -$16M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$49M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $41M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $416.0K |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$333.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$19M |
| Common Stock Repurchased | -$53.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57M |
| Short-Term Investments | $0 |
| Net Receivables | $82M |
| Inventory | $0 |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $190M |
| PP&E (Net) | $20M |
| Goodwill | $1.3B |
| Intangible Assets | $244M |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $5M |
| Short-Term Debt | $600M |
| Deferred Revenue | $282M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $939M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $94M |
| Deferred Tax Liabilities | $39M |
| Other Non-Current Liabilities | $139M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | -$185M |
| Retained Earnings | -$225M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$438M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$438M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $1.6B |
| Net Debt | $1.5B |
