| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $163M | $152M | $123M | 7.5% | 33.2% |
| Op. Income | -$16M | -$9M | -$14M | -74.0% | -11.9% |
| Gross Margin | 80.9% | 80.5% | 79.7% | 0.4pp | 1.2pp |
| Net Margin | -10.6% | -7.3% | -14.9% | -3.3pp | 4.2pp |
| EPS (Diluted) | $-0.41 | $-0.27 | $-0.48 | -51.9% | 14.6% |
| Free Cash Flow | $3M | $31M | $5M | -88.9% | -35.1% |
| Item | Amount |
|---|---|
| REVENUE | $163M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $132M |
| R&D Expenses | $40M |
| Selling & Marketing | $84M |
| General & Administrative | $23M |
| SG&A Expenses | $107M |
| Other Expenses | $0 |
| Operating Expenses | $148M |
| Cost & Expenses | $179M |
| OPERATING INCOME | -$16M |
| Interest Income | $5M |
| Interest Expense | $6M |
| Other Income/Expenses | -$921.0K |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $711.0K |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $7M |
| EBIT | -$11M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | -$107.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$352.0K |
| Purchases of Investments | -$212M |
| Sales/Maturities of Investments | $159M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | -$87.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $238M |
| Short-Term Investments | $717M |
| Net Receivables | $73M |
| Inventory | $0 |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $283M |
| Goodwill | $15M |
| Intangible Assets | $17M |
| Long-Term Investments | $39M |
| Tax Assets | $0 |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $381M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $196M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $273M |
| Long-Term Debt | $329M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $572M |
| TOTAL LIABILITIES | $845M |
| Common Stock | $43.0K |
| Additional Paid-In Capital | $991M |
| Retained Earnings | -$373M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $241.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $618M |
| Minority Interest | $0 |
| TOTAL EQUITY | $618M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $580M |
| Net Debt | $342M |
