| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $203M | $197M | $180M | 3.3% | 13.0% |
| Op. Income | -$17M | -$23M | -$2M | 25.5% | -650.0% |
| Gross Margin | 63.4% | 62.5% | 67.4% | 0.9pp | -4.0pp |
| Net Margin | -3.7% | -5.3% | -1.0% | 1.6pp | -2.7pp |
| EPS (Diluted) | $-0.05 | $-0.07 | $0.01 | 25.8% | -726.0% |
| Free Cash Flow | -$10M | $13M | $24M | -173.2% | -140.3% |
| Item | Amount |
|---|---|
| REVENUE | $203M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $129M |
| R&D Expenses | $47M |
| Selling & Marketing | $87M |
| General & Administrative | $12M |
| SG&A Expenses | $100M |
| Other Expenses | $0 |
| Operating Expenses | $146M |
| Cost & Expenses | $221M |
| OPERATING INCOME | -$17M |
| Interest Income | $683.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $11M |
| EBIT | -$17M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$23M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $106M |
| Short-Term Investments | $100M |
| Net Receivables | $307M |
| Inventory | $0 |
| Other Current Assets | $73M |
| TOTAL CURRENT ASSETS | $586M |
| PP&E (Net) | $0 |
| Goodwill | $73M |
| Intangible Assets | $23M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $280M |
| TOTAL NON-CURRENT ASSETS | $377M |
| TOTAL ASSETS | $963M |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $158M |
| Other Current Liabilities | $71M |
| TOTAL CURRENT LIABILITIES | $282M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $36M |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $60M |
| TOTAL LIABILITIES | $342M |
| Common Stock | $788.0K |
| Additional Paid-In Capital | $135M |
| Retained Earnings | $497M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $621M |
| Minority Interest | $0 |
| TOTAL EQUITY | $621M |
| TOTAL LIABILITIES & EQUITY | $963M |
| Total Debt | $0 |
| Net Debt | -$106M |
