| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $202M | $273M | $131M | -26.1% | 53.7% |
| Op. Income | -$45M | $44M | -$55M | -201.7% | 18.5% |
| Gross Margin | 63.5% | 75.0% | 60.7% | -11.5pp | 2.8pp |
| Net Margin | -20.5% | 17.2% | -40.1% | -37.7pp | 19.6pp |
| EPS (Diluted) | $-0.08 | $0.10 | $-0.12 | -178.2% | 34.8% |
| Free Cash Flow | $29M | -$23M | $5M | 225.8% | 455.6% |
| Item | Amount |
|---|---|
| REVENUE | $202M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $128M |
| R&D Expenses | $72M |
| Selling & Marketing | $76M |
| General & Administrative | $24M |
| SG&A Expenses | $101M |
| Other Expenses | $0 |
| Operating Expenses | $173M |
| Cost & Expenses | $247M |
| OPERATING INCOME | -$45M |
| Interest Income | $4M |
| Interest Expense | $500.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$41M |
| Income Tax Expense | $153.0K |
| Net Income from Continuing Ops | -$41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$41M |
| D&A | $6M |
| EBIT | -$41M |
| EBITDA | -$35M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$41M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $694.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$993.0K |
| Change in Working Capital | $69M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$114M |
| Sales/Maturities of Investments | $114M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $136M |
| Short-Term Investments | $508M |
| Net Receivables | $161M |
| Inventory | $0 |
| Other Current Assets | $43M |
| TOTAL CURRENT ASSETS | $847M |
| PP&E (Net) | $244M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $26M |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $294M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $30M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $93M |
| TOTAL CURRENT LIABILITIES | $124M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $186M |
| TOTAL LIABILITIES | $310M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $253M |
| Retained Earnings | -$887M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$231.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $831M |
| Minority Interest | $0 |
| TOTAL EQUITY | $831M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $162M |
| Net Debt | $27M |
