| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $143M | $118M | $87M | 20.9% | 63.6% |
| Op. Income | -$49M | -$41M | -$23M | -20.5% | -113.2% |
| Gross Margin | 73.3% | 74.6% | 73.1% | -1.3pp | 0.2pp |
| Net Margin | -37.7% | -38.3% | -24.9% | 0.6pp | -12.8pp |
| EPS (Diluted) | $-0.44 | $-0.37 | $-0.18 | -18.9% | -144.4% |
| Free Cash Flow | -$54M | -$58M | -$37M | 6.8% | -45.0% |
| Item | Amount |
|---|---|
| REVENUE | $143M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $105M |
| R&D Expenses | $21M |
| Selling & Marketing | $77M |
| General & Administrative | $56M |
| SG&A Expenses | $133M |
| Other Expenses | $0 |
| Operating Expenses | $154M |
| Cost & Expenses | $192M |
| OPERATING INCOME | -$49M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$54M |
| Income Tax Expense | $7.0K |
| Net Income from Continuing Ops | -$54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$54M |
| D&A | $7M |
| EBIT | -$43M |
| EBITDA | -$36M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$54M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$53M |
| Acquisitions (Net) | -$18M |
| Purchases of Investments | -$111M |
| Sales/Maturities of Investments | $172M |
| Other Investing Activities | $61M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | $5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$54M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $160M |
| Short-Term Investments | $964M |
| Net Receivables | $45M |
| Inventory | $39M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $245M |
| Goodwill | $17M |
| Intangible Assets | $29M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $296M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $28M |
| Short-Term Debt | $8.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $45M |
| TOTAL CURRENT LIABILITIES | $137M |
| Long-Term Debt | $689M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $707M |
| TOTAL LIABILITIES | $843M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $681M |
| Minority Interest | $0 |
| TOTAL EQUITY | $681M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $689M |
| Net Debt | $529M |
