| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $123M | $115M | $89M | 7.0% | 37.6% |
| Op. Income | -$14M | -$11M | -$11M | -24.1% | -32.9% |
| Gross Margin | 79.7% | 80.5% | 79.1% | -0.7pp | 0.6pp |
| Net Margin | -14.9% | -13.5% | -10.7% | -1.4pp | -4.2pp |
| EPS (Diluted) | $-0.48 | $-0.41 | $-0.26 | -17.1% | -84.6% |
| Free Cash Flow | $5M | $18M | $2M | -70.7% | 197.7% |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $98M |
| R&D Expenses | $28M |
| Selling & Marketing | $65M |
| General & Administrative | $18M |
| SG&A Expenses | $83M |
| Other Expenses | $0 |
| Operating Expenses | $112M |
| Cost & Expenses | $137M |
| OPERATING INCOME | -$14M |
| Interest Income | $2M |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | $412.0K |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $5M |
| EBIT | -$12M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $147.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$155M |
| Sales/Maturities of Investments | $92M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$71M |
| Net Debt Issuance | -$205.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $98M |
| Short-Term Investments | $452M |
| Net Receivables | $53M |
| Inventory | $0 |
| Other Current Assets | $42M |
| TOTAL CURRENT ASSETS | $647M |
| PP&E (Net) | $49M |
| Goodwill | $15M |
| Intangible Assets | $18M |
| Long-Term Investments | $16M |
| Tax Assets | $0 |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $118M |
| TOTAL ASSETS | $765M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $152M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $198M |
| Long-Term Debt | $308M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $339M |
| TOTAL LIABILITIES | $537M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $543M |
| Retained Earnings | -$314M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$714.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $228M |
| Minority Interest | $0 |
| TOTAL EQUITY | $228M |
| TOTAL LIABILITIES & EQUITY | $765M |
| Total Debt | $308M |
| Net Debt | $210M |
