| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $137M | $158M | $192M | -12.9% | -28.5% |
| Op. Income | -$46M | -$42M | -$68M | -9.2% | 33.0% |
| Gross Margin | 56.1% | 76.8% | 68.7% | -20.7pp | -12.6pp |
| Net Margin | -37.2% | -27.3% | -35.5% | -9.9pp | -1.7pp |
| EPS (Diluted) | $-0.50 | $-0.43 | $-0.70 | -16.3% | 28.6% |
| Free Cash Flow | -$34M | -$28M | -$26M | -24.1% | -31.7% |
| Item | Amount |
|---|---|
| REVENUE | $137M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $56M |
| General & Administrative | $27M |
| SG&A Expenses | $83M |
| Other Expenses | $40M |
| Operating Expenses | $123M |
| Cost & Expenses | $183M |
| OPERATING INCOME | -$46M |
| Interest Income | $1M |
| Interest Expense | $7M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$51M |
| Income Tax Expense | $35.0K |
| Net Income from Continuing Ops | -$51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$51M |
| D&A | $7M |
| EBIT | -$44M |
| EBITDA | -$38M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$51M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$34M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9.0K |
| NET CASH FROM FINANCING | $9.0K |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $159M |
| Short-Term Investments | $197M |
| Net Receivables | $66M |
| Inventory | $223.0K |
| Other Current Assets | $78M |
| TOTAL CURRENT ASSETS | $500M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $1.1B |
| Long-Term Investments | $22M |
| Tax Assets | $27M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $115M |
| Short-Term Debt | $198.0K |
| Deferred Revenue | $61M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $192M |
| Long-Term Debt | $352.0K |
| Deferred Revenue NC | $61.0K |
| Deferred Tax Liabilities | $103.0K |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $198M |
| Common Stock | $52.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$565M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $52M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $173.0K |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $550.0K |
| Net Debt | -$158M |
