| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $158M | $131M | — | 20.7% | — |
| Op. Income | -$49M | -$42M | — | -16.4% | — |
| Gross Margin | 81.0% | 79.8% | — | 1.2pp | — |
| Net Margin | -32.0% | -34.8% | — | 2.8pp | — |
| EPS (Diluted) | $-0.22 | $-0.20 | — | -10.0% | — |
| Free Cash Flow | -$10M | -$56M | — | 82.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $158M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $128M |
| R&D Expenses | $73M |
| Selling & Marketing | $49M |
| General & Administrative | $55M |
| SG&A Expenses | $104M |
| Other Expenses | $0 |
| Operating Expenses | $177M |
| Cost & Expenses | $207M |
| OPERATING INCOME | -$49M |
| Interest Income | $0 |
| Interest Expense | $79.0K |
| Other Income/Expenses | -$79.0K |
| INCOME BEFORE TAX | -$49M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$51M |
| D&A | $10M |
| EBIT | -$49M |
| EBITDA | -$39M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$51M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$24.0K |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $892.0K |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$38M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$104M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $561.0K |
| NET CASH FROM FINANCING | $671.0K |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $130M |
| Short-Term Investments | $0 |
| Net Receivables | $205M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $367M |
| PP&E (Net) | $79M |
| Goodwill | $218M |
| Intangible Assets | $62M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $395M |
| TOTAL ASSETS | $763M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $86M |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $337M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $32M |
| TOTAL LIABILITIES | $369M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $226M |
| Retained Earnings | -$515M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $394M |
| Minority Interest | $0 |
| TOTAL EQUITY | $394M |
| TOTAL LIABILITIES & EQUITY | $763M |
| Total Debt | $0 |
| Net Debt | -$130M |
