| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | $60M | — | 14.7% | — |
| Op. Income | -$4M | -$19M | — | 78.1% | — |
| Gross Margin | 82.9% | 79.0% | — | 3.9pp | — |
| Net Margin | -2.9% | -175.5% | — | 172.6pp | — |
| EPS (Diluted) | $-0.02 | $-0.97 | — | 98.1% | — |
| Free Cash Flow | $32M | $29M | — | 9.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $57M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $61M |
| Cost & Expenses | $73M |
| OPERATING INCOME | -$4M |
| Interest Income | $7M |
| Interest Expense | $3M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$203.0K |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $8M |
| EBIT | $3M |
| EBITDA | $11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$350.0K |
| Purchases of Investments | -$89M |
| Sales/Maturities of Investments | $41M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$54M |
| Net Debt Issuance | -$294.0K |
| Common Stock Repurchased | -$2.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $116M |
| Short-Term Investments | $162M |
| Net Receivables | $227M |
| Inventory | $7M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $528M |
| PP&E (Net) | $57M |
| Goodwill | $207M |
| Intangible Assets | $60M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $505M |
| TOTAL NON-CURRENT ASSETS | $833M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $19M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $69M |
| Long-Term Debt | $178M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $46M |
| TOTAL NON-CURRENT LIABILITIES | $280M |
| TOTAL LIABILITIES | $349M |
| Common Stock | $109.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$204M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $178M |
| Net Debt | $62M |
