| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $88M | — | $86M | — | 3.0% |
| Op. Income | $87M | — | $39M | — | 126.3% |
| Gross Margin | 99.8% | — | 99.5% | — | 0.3pp |
| Net Margin | -31.1% | — | -34.5% | — | 3.4pp |
| EPS (Diluted) | $-0.07 | — | $-0.08 | — | 7.1% |
| Free Cash Flow | $22M | — | -$106M | — | 120.9% |
| Item | Amount |
|---|---|
| REVENUE | $88M |
| Cost of Revenue | $148.7K |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $106.2K |
| General & Administrative | $807.1K |
| SG&A Expenses | $913.2K |
| Other Expenses | $0 |
| Operating Expenses | $913.2K |
| Cost & Expenses | $1M |
| OPERATING INCOME | $87M |
| Interest Income | $80M |
| Interest Expense | $0 |
| Other Income/Expenses | -$121M |
| INCOME BEFORE TAX | -$34M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$35M |
| D&A | $14M |
| EBIT | $63M |
| EBITDA | $78M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$27M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $796.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $97M |
| Change in Working Capital | $43M |
| OPERATING CASH FLOW | $127M |
| Capital Expenditure | -$105M |
| Acquisitions (Net) | $21.2K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$95M |
| Net Debt Issuance | $116M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$167M |
| NET CASH FROM FINANCING | -$51M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | -$459M |
| Short-Term Investments | $918M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $459M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$459M |
| TOTAL NON-CURRENT ASSETS | -$459M |
| TOTAL ASSETS | $0 |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $0 |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $808M |
| Other Equity | $36M |
| TOTAL STOCKHOLDERS' EQUITY | $843M |
| Minority Interest | $0 |
| TOTAL EQUITY | $843M |
| TOTAL LIABILITIES & EQUITY | $843M |
| Total Debt | $0 |
| Net Debt | $459M |
