| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $186M | $235M | $205M | -20.8% | -9.3% |
| Op. Income | -$24M | $29M | -$77M | -183.6% | 68.3% |
| Gross Margin | 70.6% | 75.1% | 69.8% | -4.5pp | 0.8pp |
| Net Margin | -15.8% | 8.2% | -30.5% | -23.9pp | 14.7pp |
| EPS (Diluted) | $-0.38 | $0.24 | $-0.78 | -258.3% | 51.3% |
| Free Cash Flow | $46M | $76M | $19M | -39.6% | 142.3% |
| Item | Amount |
|---|---|
| REVENUE | $186M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $131M |
| R&D Expenses | $44M |
| Selling & Marketing | $74M |
| General & Administrative | $22M |
| SG&A Expenses | $96M |
| Other Expenses | $16M |
| Operating Expenses | $156M |
| Cost & Expenses | $210M |
| OPERATING INCOME | -$24M |
| Interest Income | $2M |
| Interest Expense | $6M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | $496.0K |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $29M |
| EBIT | -$22M |
| EBITDA | $7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $830.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$41M |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$31M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$84M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | -$55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $355M |
| Short-Term Investments | $84M |
| Net Receivables | $160M |
| Inventory | $26M |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $676M |
| PP&E (Net) | $124M |
| Goodwill | $1.7B |
| Intangible Assets | $649M |
| Long-Term Investments | $5M |
| Tax Assets | $7M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $26M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $270M |
| TOTAL CURRENT LIABILITIES | $350M |
| Long-Term Debt | $571M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $125M |
| Other Non-Current Liabilities | $67M |
| TOTAL NON-CURRENT LIABILITIES | $833M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $120.0K |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | $329M |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $652M |
| Net Debt | $297M |
