| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $119M | $167M | $121M | -28.7% | -1.9% |
| Op. Income | -$36M | $1M | -$42M | -3178.0% | 14.5% |
| Gross Margin | 47.6% | 57.3% | 45.6% | -9.8pp | 2.0pp |
| Net Margin | -25.9% | -1.1% | -37.1% | -24.8pp | 11.1pp |
| EPS (Diluted) | $-0.29 | $-0.02 | $-0.44 | -1595.9% | 34.1% |
| Free Cash Flow | $16M | $12M | $2M | 31.9% | 910.4% |
| Item | Amount |
|---|---|
| REVENUE | $119M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $57M |
| R&D Expenses | $36M |
| Selling & Marketing | $30M |
| General & Administrative | $19M |
| SG&A Expenses | $49M |
| Other Expenses | $0 |
| Operating Expenses | $85M |
| Cost & Expenses | $147M |
| OPERATING INCOME | -$36M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$31M |
| D&A | $15M |
| EBIT | -$28M |
| EBITDA | -$14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$31M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $347.0K |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $39M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $15M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $244.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $2M |
| Net Receivables | $135M |
| Inventory | $19M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $220M |
| PP&E (Net) | $70M |
| Goodwill | $389M |
| Intangible Assets | $251M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $726M |
| TOTAL ASSETS | $946M |
| Account Payables | $38M |
| Short-Term Debt | $57M |
| Deferred Revenue | $109M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $270M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $97M |
| TOTAL LIABILITIES | $367M |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $579M |
| Minority Interest | $0 |
| TOTAL EQUITY | $579M |
| TOTAL LIABILITIES & EQUITY | $946M |
| Total Debt | $128M |
| Net Debt | $84M |
