| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $240M | $278M | $212M | -13.8% | 13.3% |
| Op. Income | -$2M | $6M | $9M | -127.4% | -119.0% |
| Gross Margin | 54.2% | 53.1% | 52.3% | 1.0pp | 1.8pp |
| Net Margin | -3.8% | -2.0% | 2.1% | -1.8pp | -5.8pp |
| EPS (Diluted) | $-0.08 | $-0.05 | $0.04 | -58.8% | -293.0% |
| Free Cash Flow | $27M | $2M | $11M | 1039.9% | 140.8% |
| Item | Amount |
|---|---|
| REVENUE | $240M |
| Cost of Revenue | $110M |
| GROSS PROFIT | $130M |
| R&D Expenses | $51M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $80M |
| Other Expenses | $0 |
| Operating Expenses | $132M |
| Cost & Expenses | $242M |
| OPERATING INCOME | -$2M |
| Interest Income | $394.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $14M |
| EBIT | -$4M |
| EBITDA | $10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$25.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $727.0K |
| Other Investing Activities | $727.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $140M |
| Short-Term Investments | $0 |
| Net Receivables | $165M |
| Inventory | $56M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $396M |
| PP&E (Net) | $76M |
| Goodwill | $139M |
| Intangible Assets | $70M |
| Long-Term Investments | -$6M |
| Tax Assets | $6M |
| Other Non-Current Assets | $51M |
| TOTAL NON-CURRENT ASSETS | $336M |
| TOTAL ASSETS | $732M |
| Account Payables | $44M |
| Short-Term Debt | $9M |
| Deferred Revenue | $138M |
| Other Current Liabilities | $95M |
| TOTAL CURRENT LIABILITIES | $322M |
| Long-Term Debt | $176M |
| Deferred Revenue NC | $46M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $64M |
| TOTAL NON-CURRENT LIABILITIES | $293M |
| TOTAL LIABILITIES | $615M |
| Common Stock | $118.0K |
| Additional Paid-In Capital | $956M |
| Retained Earnings | -$837M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $117M |
| Minority Interest | $0 |
| TOTAL EQUITY | $117M |
| TOTAL LIABILITIES & EQUITY | $732M |
| Total Debt | $186M |
| Net Debt | $45M |
