| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $207M | $276M | $137M | -25.1% | 51.3% |
| Op. Income | -$11M | $5M | -$7M | -295.7% | -55.6% |
| Gross Margin | 48.8% | 40.7% | 46.2% | 8.1pp | 2.6pp |
| Net Margin | -4.7% | 2.5% | -4.9% | -7.2pp | 0.1pp |
| EPS (Diluted) | $-0.09 | $0.05 | $-0.07 | -275.6% | -31.6% |
| Free Cash Flow | -$16M | $18M | -$18M | -186.4% | 12.6% |
| Item | Amount |
|---|---|
| REVENUE | $207M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $101M |
| R&D Expenses | $56M |
| Selling & Marketing | $34M |
| General & Administrative | $22M |
| SG&A Expenses | $56M |
| Other Expenses | $0 |
| Operating Expenses | $112M |
| Cost & Expenses | $217M |
| OPERATING INCOME | -$11M |
| Interest Income | $0 |
| Interest Expense | $98.0K |
| Other Income/Expenses | $869.0K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | -$139.0K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $3M |
| EBIT | -$10M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $343.0K |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $108M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | $107M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $237M |
| Short-Term Investments | $27M |
| Net Receivables | $174M |
| Inventory | $33M |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $520M |
| PP&E (Net) | $102M |
| Goodwill | $1M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $108M |
| TOTAL ASSETS | $628M |
| Account Payables | $45M |
| Short-Term Debt | $0 |
| Deferred Revenue | $45M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $189M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $78M |
| TOTAL LIABILITIES | $267M |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $625M |
| Retained Earnings | -$264M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $361M |
| Minority Interest | $0 |
| TOTAL EQUITY | $361M |
| TOTAL LIABILITIES & EQUITY | $628M |
| Total Debt | $74M |
| Net Debt | -$162M |
