| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $362M | $320M | $245M | 12.9% | 47.8% |
| Op. Income | -$40M | -$36M | -$31M | -10.7% | -28.8% |
| Gross Margin | 56.6% | 56.3% | 55.9% | 0.3pp | 0.7pp |
| Net Margin | -7.9% | -7.5% | -9.8% | -0.4pp | 1.9pp |
| EPS (Diluted) | $-0.03 | $-0.02 | $-0.02 | -17.4% | -13.3% |
| Free Cash Flow | $2M | $13M | -$15M | -87.4% | 111.5% |
| Item | Amount |
|---|---|
| REVENUE | $362M |
| Cost of Revenue | $157M |
| GROSS PROFIT | $205M |
| R&D Expenses | $86M |
| Selling & Marketing | $119M |
| General & Administrative | $40M |
| SG&A Expenses | $159M |
| Other Expenses | $0 |
| Operating Expenses | $244M |
| Cost & Expenses | $402M |
| OPERATING INCOME | -$40M |
| Interest Income | $12M |
| Interest Expense | $0 |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $7M |
| EBIT | -$40M |
| EBITDA | -$32M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $39M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | -$323M |
| Sales/Maturities of Investments | $570M |
| Other Investing Activities | -$495.0K |
| NET CASH FROM INVESTING | $219M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $259M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $669M |
| Short-Term Investments | $1.3B |
| Net Receivables | $161M |
| Inventory | $0 |
| Other Current Assets | $36M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $182M |
| Goodwill | $48M |
| Intangible Assets | $25M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $256M |
| TOTAL ASSETS | $2.5B |
| Account Payables | $142M |
| Short-Term Debt | $0 |
| Deferred Revenue | $46M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $193M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $113M |
| TOTAL LIABILITIES | $306M |
| Common Stock | $2.3B |
| Additional Paid-In Capital | $76M |
| Retained Earnings | -$232M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $115M |
| Net Debt | -$554M |
