| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $116M | $115M | $99M | 1.3% | 17.1% |
| Op. Income | -$24M | -$4M | -$9M | -560.8% | -152.5% |
| Gross Margin | 74.2% | 77.5% | 79.3% | -3.3pp | -5.1pp |
| Net Margin | -26.3% | -19.3% | -13.6% | -7.1pp | -12.8pp |
| EPS (Diluted) | $-0.11 | $-0.08 | $-0.13 | -37.2% | 15.4% |
| Free Cash Flow | $59M | $7M | $50M | 718.6% | 18.2% |
| Item | Amount |
|---|---|
| REVENUE | $116M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $86M |
| R&D Expenses | $22M |
| Selling & Marketing | $48M |
| General & Administrative | $27M |
| SG&A Expenses | $75M |
| Other Expenses | $13M |
| Operating Expenses | $110M |
| Cost & Expenses | $140M |
| OPERATING INCOME | -$24M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | -$44M |
| Income Tax Expense | -$13M |
| Net Income from Continuing Ops | -$31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$31M |
| D&A | $20M |
| EBIT | -$23M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$31M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $840.0K |
| Change in Working Capital | $62M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$58M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$58M |
| FREE CASH FLOW | $59M |
| Net Change in Cash | $458.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $0 |
| Net Receivables | $115M |
| Inventory | $0 |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $213M |
| PP&E (Net) | $18M |
| Goodwill | $1.3B |
| Intangible Assets | $259M |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $7M |
| Short-Term Debt | $607M |
| Deferred Revenue | $273M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $951M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $93M |
| Deferred Tax Liabilities | $48M |
| Other Non-Current Liabilities | $98M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | -$185M |
| Retained Earnings | -$176M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$390M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$390M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $1.6B |
| Net Debt | $1.6B |
