| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $273M | $190M | $173M | 43.6% | 57.6% |
| Op. Income | $44M | -$22M | $2M | 296.4% | 2815.9% |
| Gross Margin | 75.0% | 66.5% | 71.9% | 8.5pp | 3.1pp |
| Net Margin | 17.2% | -9.9% | 2.0% | 27.1pp | 15.2pp |
| EPS (Diluted) | $0.10 | $-0.04 | $0.01 | 337.5% | 1215.8% |
| Free Cash Flow | -$23M | -$17M | -$30M | -39.4% | 21.7% |
| Item | Amount |
|---|---|
| REVENUE | $273M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $205M |
| R&D Expenses | $66M |
| Selling & Marketing | $72M |
| General & Administrative | $22M |
| SG&A Expenses | $94M |
| Other Expenses | $0 |
| Operating Expenses | $161M |
| Cost & Expenses | $229M |
| OPERATING INCOME | $44M |
| Interest Income | $4M |
| Interest Expense | $621.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $203.0K |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $5M |
| EBIT | $48M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $273M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $205M |
| R&D Expenses | $66M |
| Selling & Marketing | $72M |
| General & Administrative | $22M |
| SG&A Expenses | $94M |
| Other Expenses | $0 |
| Operating Expenses | $161M |
| Cost & Expenses | $229M |
| OPERATING INCOME | $44M |
| Interest Income | $4M |
| Interest Expense | $621.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $203.0K |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $5M |
| EBIT | $48M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $231.0K |
| Change in Working Capital | -$74M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$91M |
| Sales/Maturities of Investments | $141M |
| Other Investing Activities | -$500.0K |
| NET CASH FROM INVESTING | $45M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $123M |
| Short-Term Investments | $505M |
| Net Receivables | $222M |
| Inventory | $0 |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $889M |
| PP&E (Net) | $227M |
| Goodwill | $7M |
| Intangible Assets | $7M |
| Long-Term Investments | $12M |
| Tax Assets | $41M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $304M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $68M |
| TOTAL CURRENT LIABILITIES | $108M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $40M |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $214M |
| TOTAL LIABILITIES | $322M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $252M |
| Retained Earnings | -$845M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $871M |
| Minority Interest | $0 |
| TOTAL EQUITY | $871M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $151M |
| Net Debt | $29M |
