| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $266M | $277M | $213M | -4.0% | 25.0% |
| Op. Income | -$24M | -$2M | -$34M | -1293.6% | 28.5% |
| Gross Margin | 70.1% | 71.9% | 65.0% | -1.9pp | 5.1pp |
| Net Margin | -9.6% | 0.3% | -13.5% | -9.9pp | 4.0pp |
| EPS (Diluted) | $-0.16 | $0.01 | $-0.18 | -2990.9% | 13.0% |
| Free Cash Flow | -$31M | -$33M | $20M | 6.2% | -254.8% |
| Item | Amount |
|---|---|
| REVENUE | $266M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $186M |
| R&D Expenses | $59M |
| Selling & Marketing | $136M |
| General & Administrative | $16M |
| SG&A Expenses | $152M |
| Other Expenses | $0 |
| Operating Expenses | $210M |
| Cost & Expenses | $290M |
| OPERATING INCOME | -$24M |
| Interest Income | $607.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | -$49M |
| Income Tax Expense | -$24M |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $5M |
| EBIT | -$47M |
| EBITDA | -$42M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $37M |
| Change in Working Capital | -$49M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $600M |
| Common Stock Repurchased | -$29M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$66M |
| NET CASH FROM FINANCING | $502M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | $470M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $538M |
| Short-Term Investments | $0 |
| Net Receivables | $374M |
| Inventory | $0 |
| Other Current Assets | $72M |
| TOTAL CURRENT ASSETS | $984M |
| PP&E (Net) | $55M |
| Goodwill | $78M |
| Intangible Assets | $19M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $339M |
| TOTAL NON-CURRENT ASSETS | $490M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $28M |
| Short-Term Debt | $0 |
| Deferred Revenue | $197M |
| Other Current Liabilities | $78M |
| TOTAL CURRENT LIABILITIES | $339M |
| Long-Term Debt | $505M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $568M |
| TOTAL LIABILITIES | $908M |
| Common Stock | $801.0K |
| Additional Paid-In Capital | $196M |
| Retained Earnings | $383M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $567M |
| Minority Interest | $0 |
| TOTAL EQUITY | $567M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $553M |
| Net Debt | $15M |
