| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $152M | $144M | $115M | 5.4% | 32.5% |
| Op. Income | -$9M | -$8M | -$11M | -15.4% | 20.2% |
| Gross Margin | 80.5% | 81.0% | 80.5% | -0.5pp | 0.0pp |
| Net Margin | -7.3% | -8.0% | -13.5% | 0.7pp | 6.2pp |
| EPS (Diluted) | $-0.27 | $-0.29 | $-0.41 | 6.9% | 34.1% |
| Free Cash Flow | $31M | $25M | $18M | 22.3% | 71.4% |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $122M |
| R&D Expenses | $35M |
| Selling & Marketing | $75M |
| General & Administrative | $21M |
| SG&A Expenses | $96M |
| Other Expenses | $0 |
| Operating Expenses | $131M |
| Cost & Expenses | $161M |
| OPERATING INCOME | -$9M |
| Interest Income | $4M |
| Interest Expense | $6M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $713.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $7M |
| EBIT | -$5M |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$28.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$387M |
| Sales/Maturities of Investments | $183M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$210M |
| Net Debt Issuance | -$118.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $347M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $174M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $285M |
| Short-Term Investments | $684M |
| Net Receivables | $69M |
| Inventory | $0 |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $214M |
| Goodwill | $15M |
| Intangible Assets | $17M |
| Long-Term Investments | $15M |
| Tax Assets | $0 |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $287M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $191M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $269M |
| Long-Term Debt | $324M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $502M |
| TOTAL LIABILITIES | $771M |
| Common Stock | $43.0K |
| Additional Paid-In Capital | $955M |
| Retained Earnings | -$355M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$601.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $599M |
| Minority Interest | $0 |
| TOTAL EQUITY | $599M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $511M |
| Net Debt | $226M |
