| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $320M | $344M | $214M | -6.8% | 49.5% |
| Op. Income | -$36M | -$9M | -$20M | -278.4% | -76.0% |
| Gross Margin | 56.3% | 54.0% | 57.8% | 2.2pp | -1.5pp |
| Net Margin | -7.5% | -0.4% | -7.4% | -7.1pp | -0.1pp |
| EPS (Diluted) | $-0.02 | $-0.00 | $-0.02 | -1457.1% | -39.7% |
| Free Cash Flow | $13M | $472.0K | -$13M | 2728.8% | 204.9% |
| Item | Amount |
|---|---|
| REVENUE | $320M |
| Cost of Revenue | $140M |
| GROSS PROFIT | $180M |
| R&D Expenses | $76M |
| Selling & Marketing | $105M |
| General & Administrative | $30M |
| SG&A Expenses | $135M |
| Other Expenses | $4M |
| Operating Expenses | $216M |
| Cost & Expenses | $356M |
| OPERATING INCOME | -$36M |
| Interest Income | $12M |
| Interest Expense | $0 |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | -$24M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $7M |
| EBIT | -$36M |
| EBITDA | -$29M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$700M |
| Sales/Maturities of Investments | $679M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$237.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $410M |
| Short-Term Investments | $1.6B |
| Net Receivables | $147M |
| Inventory | $0 |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $161M |
| Goodwill | $44M |
| Intangible Assets | $24M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $229M |
| TOTAL ASSETS | $2.4B |
| Account Payables | $125M |
| Short-Term Debt | $0 |
| Deferred Revenue | $43M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $173M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $945.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $102M |
| TOTAL LIABILITIES | $275M |
| Common Stock | $2.3B |
| Additional Paid-In Capital | $69M |
| Retained Earnings | -$204M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $104M |
| Net Debt | -$306M |
