| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $505M | $391M | $344M | 29.3% | 46.9% |
| Op. Income | -$30M | -$36M | -$9M | 15.6% | -218.0% |
| Gross Margin | 52.2% | 55.5% | 54.0% | -3.2pp | -1.8pp |
| Net Margin | 0.2% | -18.6% | -0.4% | 18.8pp | 0.6pp |
| EPS (Diluted) | $0.00 | $-0.06 | $-0.00 | 101.1% | 150.0% |
| Free Cash Flow | $39M | -$46M | $472.0K | 185.2% | 8233.1% |
| Item | Amount |
|---|---|
| REVENUE | $505M |
| Cost of Revenue | $241M |
| GROSS PROFIT | $264M |
| R&D Expenses | $103M |
| Selling & Marketing | $132M |
| General & Administrative | $59M |
| SG&A Expenses | $191M |
| Other Expenses | $0 |
| Operating Expenses | $294M |
| Cost & Expenses | $535M |
| OPERATING INCOME | -$30M |
| Interest Income | $12M |
| Interest Expense | $0 |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | $771.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $771.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $771.0K |
| D&A | $13M |
| EBIT | -$30M |
| EBITDA | -$17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $771.0K |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | -$23M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$253M |
| Purchases of Investments | -$716M |
| Sales/Maturities of Investments | $442M |
| Other Investing Activities | -$154.0K |
| NET CASH FROM INVESTING | -$540M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | -$475M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $650M |
| Short-Term Investments | $1.8B |
| Net Receivables | $241M |
| Inventory | $0 |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $246M |
| Goodwill | $312M |
| Intangible Assets | $167M |
| Long-Term Investments | $3M |
| Tax Assets | $19M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $747M |
| TOTAL ASSETS | $3.5B |
| Account Payables | $91M |
| Short-Term Debt | $0 |
| Deferred Revenue | $57M |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $316M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $157M |
| TOTAL LIABILITIES | $474M |
| Common Stock | $3.3B |
| Additional Paid-In Capital | $63M |
| Retained Earnings | -$304M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $152M |
| Net Debt | -$498M |
