| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $470M | $505M | $320M | -7.0% | 46.7% |
| Op. Income | -$73M | -$30M | -$36M | -143.5% | -104.6% |
| Gross Margin | 54.7% | 52.2% | 56.3% | 2.4pp | -1.6pp |
| Net Margin | -6.7% | 0.2% | -7.5% | -6.8pp | 0.8pp |
| EPS (Diluted) | $-0.03 | $0.00 | $-0.02 | -3942.9% | -23.4% |
| Free Cash Flow | -$102M | $39M | $13M | -359.1% | -863.3% |
| Item | Amount |
|---|---|
| REVENUE | $470M |
| Cost of Revenue | $213M |
| GROSS PROFIT | $257M |
| R&D Expenses | $116M |
| Selling & Marketing | $155M |
| General & Administrative | $45M |
| SG&A Expenses | $200M |
| Other Expenses | $14M |
| Operating Expenses | $330M |
| Cost & Expenses | $543M |
| OPERATING INCOME | -$73M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | -$60M |
| Income Tax Expense | -$29M |
| Net Income from Continuing Ops | -$31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$31M |
| D&A | $14M |
| EBIT | -$60M |
| EBITDA | -$46M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$31M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $54M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$117M |
| OPERATING CASH FLOW | -$85M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$496M |
| Sales/Maturities of Investments | $913M |
| Other Investing Activities | -$219.0K |
| NET CASH FROM INVESTING | $400M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $19M |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | -$102M |
| Net Change in Cash | $319M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $969M |
| Short-Term Investments | $1.4B |
| Net Receivables | $308M |
| Inventory | $0 |
| Other Current Assets | $59M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $251M |
| Goodwill | $312M |
| Intangible Assets | $159M |
| Long-Term Investments | $0 |
| Tax Assets | $22M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $743M |
| TOTAL ASSETS | $3.5B |
| Account Payables | $214M |
| Short-Term Debt | $0 |
| Deferred Revenue | $63M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $289M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $142M |
| TOTAL LIABILITIES | $430M |
| Common Stock | $3.3B |
| Additional Paid-In Capital | $59M |
| Retained Earnings | -$336M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $141M |
| Net Debt | -$828M |
