| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $217M | $206M | $203M | 5.4% | 6.6% |
| Op. Income | -$47M | -$52M | -$17M | 10.6% | -171.0% |
| Gross Margin | 62.7% | 62.5% | 63.4% | 0.2pp | -0.7pp |
| Net Margin | -14.0% | -15.7% | -3.7% | 1.7pp | -10.3pp |
| EPS (Diluted) | $-0.19 | $-0.20 | $-0.05 | 6.3% | -297.3% |
| Free Cash Flow | -$23M | -$17M | -$10M | -33.2% | -134.5% |
| Item | Amount |
|---|---|
| REVENUE | $217M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $136M |
| R&D Expenses | $52M |
| Selling & Marketing | $115M |
| General & Administrative | $15M |
| SG&A Expenses | $130M |
| Other Expenses | $0 |
| Operating Expenses | $183M |
| Cost & Expenses | $263M |
| OPERATING INCOME | -$47M |
| Interest Income | $556.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$48M |
| Income Tax Expense | -$18M |
| Net Income from Continuing Ops | -$30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$30M |
| D&A | $5M |
| EBIT | -$48M |
| EBITDA | -$43M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$30M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$39M |
| Other Non-Cash Items | -$133.0K |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$13.0K |
| Purchases of Investments | -$685.0K |
| Sales/Maturities of Investments | $38M |
| Other Investing Activities | $38M |
| NET CASH FROM INVESTING | $36M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $92M |
| Short-Term Investments | $20M |
| Net Receivables | $295M |
| Inventory | $0 |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $466M |
| PP&E (Net) | $0 |
| Goodwill | $79M |
| Intangible Assets | $21M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $351M |
| TOTAL NON-CURRENT ASSETS | $451M |
| TOTAL ASSETS | $917M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $160M |
| Other Current Liabilities | $104M |
| TOTAL CURRENT LIABILITIES | $321M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $67M |
| TOTAL LIABILITIES | $388M |
| Common Stock | $793.0K |
| Additional Paid-In Capital | $130M |
| Retained Earnings | $412M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $529M |
| Minority Interest | $0 |
| TOTAL EQUITY | $529M |
| TOTAL LIABILITIES & EQUITY | $917M |
| Total Debt | $57M |
| Net Debt | -$35M |
