| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $107M | $98M | $76M | 9.0% | 39.4% |
| Op. Income | -$9M | -$12M | -$14M | 22.2% | 31.7% |
| Gross Margin | 80.2% | 80.5% | 77.9% | -0.3pp | 2.3pp |
| Net Margin | -10.8% | -10.8% | -18.1% | 0.0pp | 7.3pp |
| EPS (Diluted) | $-0.31 | $-0.29 | $-0.39 | -6.9% | 20.5% |
| Free Cash Flow | $7M | $2M | -$2M | 287.3% | 504.2% |
| Item | Amount |
|---|---|
| REVENUE | $107M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $85M |
| R&D Expenses | $22M |
| Selling & Marketing | $58M |
| General & Administrative | $15M |
| SG&A Expenses | $73M |
| Other Expenses | $0 |
| Operating Expenses | $95M |
| Cost & Expenses | $116M |
| OPERATING INCOME | -$9M |
| Interest Income | $2M |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $5M |
| EBIT | -$8M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$318M |
| Sales/Maturities of Investments | $221M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$104M |
| Net Debt Issuance | -$267.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $58M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$89M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $88M |
| Short-Term Investments | $417M |
| Net Receivables | $61M |
| Inventory | $0 |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $603M |
| PP&E (Net) | $43M |
| Goodwill | $15M |
| Intangible Assets | $15M |
| Long-Term Investments | $31M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $110M |
| TOTAL ASSETS | $712M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $137M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $178M |
| Long-Term Debt | $298M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $324M |
| TOTAL LIABILITIES | $502M |
| Common Stock | $38.0K |
| Additional Paid-In Capital | $496M |
| Retained Earnings | -$286M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$57.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $210M |
| Minority Interest | $0 |
| TOTAL EQUITY | $210M |
| TOTAL LIABILITIES & EQUITY | $712M |
| Total Debt | $298M |
| Net Debt | $211M |
