| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $213M | $256M | $235M | -17.1% | -9.6% |
| Op. Income | -$34M | $15M | $8M | -320.2% | -528.8% |
| Gross Margin | 65.0% | 69.6% | 67.8% | -4.6pp | -2.9pp |
| Net Margin | -13.5% | 6.4% | 5.2% | -19.9pp | -18.7pp |
| EPS (Diluted) | $-0.18 | $0.10 | $0.07 | -283.8% | -348.9% |
| Free Cash Flow | $20M | $33M | $56M | -40.1% | -64.2% |
| Item | Amount |
|---|---|
| REVENUE | $213M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $138M |
| R&D Expenses | $51M |
| Selling & Marketing | $109M |
| General & Administrative | $13M |
| SG&A Expenses | $122M |
| Other Expenses | $0 |
| Operating Expenses | $172M |
| Cost & Expenses | $247M |
| OPERATING INCOME | -$34M |
| Interest Income | $723.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$37M |
| Income Tax Expense | -$8M |
| 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 | $7M |
| EBIT | -$37M |
| EBITDA | -$30M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$23M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $92M |
| Net Receivables | $297M |
| Inventory | $0 |
| Other Current Assets | $64M |
| TOTAL CURRENT ASSETS | $563M |
| PP&E (Net) | $0 |
| Goodwill | $73M |
| Intangible Assets | $18M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $303M |
| TOTAL NON-CURRENT ASSETS | $394M |
| TOTAL ASSETS | $957M |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $181M |
| Other Current Liabilities | $69M |
| TOTAL CURRENT LIABILITIES | $302M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $66M |
| TOTAL LIABILITIES | $368M |
| Common Stock | $789.0K |
| Additional Paid-In Capital | $119M |
| Retained Earnings | $480M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $588M |
| Minority Interest | $0 |
| TOTAL EQUITY | $588M |
| TOTAL LIABILITIES & EQUITY | $957M |
| Total Debt | $45M |
| Net Debt | -$65M |
