| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $245M | $214M | $152M | 14.3% | 61.5% |
| Op. Income | -$31M | -$20M | -$16M | -51.3% | -93.4% |
| Gross Margin | 55.9% | 57.8% | 57.3% | -1.9pp | -1.4pp |
| Net Margin | -9.8% | -7.4% | -9.3% | -2.4pp | -0.5pp |
| EPS (Diluted) | $-0.02 | $-0.02 | $-0.01 | -44.9% | -51.7% |
| Free Cash Flow | -$15M | -$13M | -$13M | -14.2% | -15.2% |
| Item | Amount |
|---|---|
| REVENUE | $245M |
| Cost of Revenue | $108M |
| GROSS PROFIT | $137M |
| R&D Expenses | $54M |
| Selling & Marketing | $87M |
| General & Administrative | $26M |
| SG&A Expenses | $113M |
| Other Expenses | $667.0K |
| Operating Expenses | $168M |
| Cost & Expenses | $276M |
| OPERATING INCOME | -$31M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| 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 | -$31M |
| EBITDA | -$23M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$922.0K |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$364M |
| Sales/Maturities of Investments | $397M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | $15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $220M |
| Short-Term Investments | $1.4B |
| Net Receivables | $112M |
| Inventory | $0 |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $55M |
| Goodwill | $23M |
| Intangible Assets | $25M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $102M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $96M |
| Short-Term Debt | $0 |
| Deferred Revenue | $35M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $132M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $153M |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $56M |
| Retained Earnings | -$163M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $19M |
| Net Debt | -$201M |
