| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $277M | $217M | $256M | 27.6% | 7.9% |
| Op. Income | -$2M | -$47M | $15M | 96.3% | -111.3% |
| Gross Margin | 71.9% | 62.7% | 69.6% | 9.3pp | 2.3pp |
| Net Margin | 0.3% | -14.0% | 6.4% | 14.3pp | -6.1pp |
| EPS (Diluted) | $0.01 | $-0.19 | $0.10 | 102.9% | -94.5% |
| Free Cash Flow | -$33M | -$23M | $33M | -44.6% | -198.9% |
| Item | Amount |
|---|---|
| REVENUE | $277M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $199M |
| R&D Expenses | $52M |
| Selling & Marketing | $133M |
| General & Administrative | $15M |
| SG&A Expenses | $148M |
| Other Expenses | $0 |
| Operating Expenses | $201M |
| Cost & Expenses | $278M |
| OPERATING INCOME | -$2M |
| Interest Income | -$15.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$337.0K |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $918.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $918.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $918.0K |
| D&A | $4M |
| EBIT | -$2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $918.0K |
| Depreciation & Amortization | -$29M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $43M |
| Change in Working Capital | -$55M |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$242.0K |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $0 |
| Net Receivables | $380M |
| Inventory | $0 |
| Other Current Assets | $57M |
| TOTAL CURRENT ASSETS | $506M |
| PP&E (Net) | $34M |
| Goodwill | $79M |
| Intangible Assets | $20M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $346M |
| TOTAL NON-CURRENT ASSETS | $479M |
| TOTAL ASSETS | $985M |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $190M |
| Other Current Liabilities | $122M |
| TOTAL CURRENT LIABILITIES | $378M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $68M |
| TOTAL LIABILITIES | $446M |
| Common Stock | $796.0K |
| Additional Paid-In Capital | $141M |
| Retained Earnings | $411M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $539M |
| Minority Interest | $0 |
| TOTAL EQUITY | $539M |
| TOTAL LIABILITIES & EQUITY | $985M |
| Total Debt | $53M |
| Net Debt | -$16M |
