| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | $62M | $58M | 10.3% | 19.1% |
| Op. Income | -$11M | -$11M | -$13M | 4.3% | 19.2% |
| Gross Margin | 72.0% | 71.4% | 70.2% | 0.5pp | 1.7pp |
| Net Margin | -18.9% | -19.0% | -22.5% | 0.0pp | 3.6pp |
| EPS (Diluted) | $-0.27 | $-0.25 | $-0.30 | -8.0% | 10.0% |
| Free Cash Flow | $8M | -$7M | $7M | 210.6% | 9.3% |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $49M |
| R&D Expenses | $18M |
| Selling & Marketing | $33M |
| General & Administrative | $10M |
| SG&A Expenses | $42M |
| Other Expenses | -$269.0K |
| Operating Expenses | $60M |
| Cost & Expenses | $80M |
| OPERATING INCOME | -$11M |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $395.0K |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $3M |
| EBIT | -$9M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$69.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$14M |
| Purchases of Investments | -$54M |
| Sales/Maturities of Investments | $31M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | -$408.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$485.0K |
| NET CASH FROM FINANCING | $192.0K |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $100M |
| Short-Term Investments | $159M |
| Net Receivables | $75M |
| Inventory | $12M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $356M |
| PP&E (Net) | $18M |
| Goodwill | $88M |
| Intangible Assets | $24M |
| Long-Term Investments | $45M |
| Tax Assets | $28M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $204M |
| TOTAL ASSETS | $559M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $190M |
| Other Current Liabilities | $707.0K |
| TOTAL CURRENT LIABILITIES | $235M |
| Long-Term Debt | $175M |
| Deferred Revenue NC | $59M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $237M |
| TOTAL LIABILITIES | $472M |
| Common Stock | $476.0K |
| Additional Paid-In Capital | $556M |
| Retained Earnings | -$465M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | -$31.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $87M |
| Minority Interest | $0 |
| TOTAL EQUITY | $87M |
| TOTAL LIABILITIES & EQUITY | $559M |
| Total Debt | $175M |
| Net Debt | $75M |
