| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $344M | $270M | $223M | 27.3% | 54.3% |
| Op. Income | -$9M | -$31M | -$6M | 69.8% | -54.7% |
| Gross Margin | 54.0% | 55.4% | 54.4% | -1.4pp | -0.4pp |
| Net Margin | -0.4% | -8.6% | -1.3% | 8.1pp | 0.9pp |
| EPS (Diluted) | $-0.00 | $-0.02 | $-0.00 | 93.5% | 53.3% |
| Free Cash Flow | $472.0K | -$5M | $7M | 108.7% | -93.1% |
| Item | Amount |
|---|---|
| REVENUE | $344M |
| Cost of Revenue | $158M |
| GROSS PROFIT | $186M |
| R&D Expenses | $67M |
| Selling & Marketing | $95M |
| General & Administrative | $33M |
| SG&A Expenses | $128M |
| Other Expenses | $0 |
| Operating Expenses | $195M |
| Cost & Expenses | $353M |
| OPERATING INCOME | -$9M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $6M |
| EBIT | -$9M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$16M |
| Purchases of Investments | -$758M |
| Sales/Maturities of Investments | $538M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$245M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $403M |
| FREE CASH FLOW | $472.0K |
| Net Change in Cash | $167M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $411M |
| Short-Term Investments | $1.6B |
| Net Receivables | $133M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $62M |
| Goodwill | $38M |
| Intangible Assets | $26M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $126M |
| TOTAL ASSETS | $2.3B |
| Account Payables | $61M |
| Short-Term Debt | $0 |
| Deferred Revenue | $39M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $139M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $164M |
| Common Stock | $2.2B |
| Additional Paid-In Capital | $75M |
| Retained Earnings | -$188M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $25M |
| Net Debt | -$386M |
