| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $244M | $195M | $303M | 25.2% | -19.5% |
| Op. Income | $15M | $23M | -$34M | -34.2% | 144.6% |
| Gross Margin | 99.1% | 99.4% | 99.4% | -0.3pp | -0.3pp |
| Net Margin | 3.7% | 7.0% | -8.4% | -3.2pp | 12.2pp |
| EPS (Diluted) | $0.12 | $0.18 | $-0.36 | -33.3% | 132.3% |
| Free Cash Flow | $41M | $19M | -$38M | 117.3% | 206.4% |
| Item | Amount |
|---|---|
| REVENUE | $244M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $242M |
| R&D Expenses | $989.1K |
| Selling & Marketing | $190M |
| General & Administrative | $36M |
| SG&A Expenses | $226M |
| Other Expenses | $371.8K |
| Operating Expenses | $227M |
| Cost & Expenses | $229M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $31.6K |
| Other Income/Expenses | -$56.1K |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $3M |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $244M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $242M |
| R&D Expenses | $989.1K |
| Selling & Marketing | $190M |
| General & Administrative | $36M |
| SG&A Expenses | $226M |
| Other Expenses | $371.8K |
| Operating Expenses | $227M |
| Cost & Expenses | $229M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $31.6K |
| Other Income/Expenses | -$56.1K |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $3M |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $366.0K |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $15.2K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $67.8K |
| NET CASH FROM FINANCING | $67.8K |
| FREE CASH FLOW | $41M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $230M |
| Short-Term Investments | $0 |
| Net Receivables | $114M |
| Inventory | $0 |
| Other Current Assets | $501.6K |
| TOTAL CURRENT ASSETS | $354M |
| PP&E (Net) | $160M |
| Goodwill | $574M |
| Intangible Assets | $200M |
| Long-Term Investments | $0 |
| Tax Assets | $748.3K |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $943M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $62M |
| Short-Term Debt | $0 |
| Deferred Revenue | $9M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $101M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $61M |
| TOTAL NON-CURRENT LIABILITIES | $178M |
| TOTAL LIABILITIES | $279M |
| Common Stock | $219M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$236M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $124M |
| Net Debt | -$106M |
