| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $73M | $69M | $55M | 6.4% | 34.2% |
| Op. Income | -$10M | -$11M | -$17M | 9.9% | 41.2% |
| Gross Margin | 72.7% | 72.0% | 69.6% | 0.8pp | 3.1pp |
| Net Margin | -15.9% | -18.9% | -30.0% | 3.0pp | 14.1pp |
| EPS (Diluted) | $-0.24 | $-0.27 | $-0.36 | 11.1% | 33.3% |
| Free Cash Flow | -$22M | $8M | $5M | -392.7% | -527.8% |
| Item | Amount |
|---|---|
| REVENUE | $73M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $53M |
| R&D Expenses | $18M |
| Selling & Marketing | $35M |
| General & Administrative | $10M |
| SG&A Expenses | $45M |
| Other Expenses | -$206.0K |
| Operating Expenses | $63M |
| Cost & Expenses | $83M |
| OPERATING INCOME | -$10M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $225.0K |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $3M |
| EBIT | -$8M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $686.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$63M |
| Sales/Maturities of Investments | $73M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$355.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$979.0K |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $162M |
| Net Receivables | $60M |
| Inventory | $13M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $340M |
| PP&E (Net) | $49M |
| Goodwill | $88M |
| Intangible Assets | $24M |
| Long-Term Investments | $34M |
| Tax Assets | $28M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $224M |
| TOTAL ASSETS | $564M |
| Account Payables | $6M |
| Short-Term Debt | $5M |
| Deferred Revenue | $184M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $228M |
| Long-Term Debt | $177M |
| Deferred Revenue NC | $52M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $247M |
| TOTAL LIABILITIES | $475M |
| Common Stock | $482.0K |
| Additional Paid-In Capital | $569M |
| Retained Earnings | -$476M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | $162.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $89M |
| Minority Interest | $0 |
| TOTAL EQUITY | $89M |
| TOTAL LIABILITIES & EQUITY | $564M |
| Total Debt | $199M |
| Net Debt | $109M |
