| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | $67M | $59M | 2.3% | 16.4% |
| Op. Income | -$5M | -$3M | -$6M | -79.1% | 19.6% |
| Gross Margin | 69.4% | 69.0% | 66.9% | 0.4pp | 2.5pp |
| Net Margin | -6.9% | -8.0% | -11.5% | 1.1pp | 4.6pp |
| EPS (Diluted) | $-0.04 | $-0.05 | $-0.07 | 14.6% | 37.3% |
| Free Cash Flow | -$34M | $19M | $4M | -276.7% | -974.5% |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $48M |
| R&D Expenses | $16M |
| Selling & Marketing | $21M |
| General & Administrative | $16M |
| SG&A Expenses | $36M |
| Other Expenses | $479.0K |
| Operating Expenses | $53M |
| Cost & Expenses | $74M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $373.0K |
| Other Income/Expenses | $106.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $1.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $2M |
| EBIT | -$4M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $384.0K |
| Other Non-Cash Items | $13.0K |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$72M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $250.0K |
| NET CASH FROM INVESTING | -$76M |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | -$80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $72M |
| Net Receivables | $48M |
| Inventory | $0 |
| Other Current Assets | $127M |
| TOTAL CURRENT ASSETS | $296M |
| PP&E (Net) | $13M |
| Goodwill | $118M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $138M |
| TOTAL ASSETS | $434M |
| Account Payables | $2M |
| Short-Term Debt | $33M |
| Deferred Revenue | $891.0K |
| Other Current Liabilities | $130M |
| TOTAL CURRENT LIABILITIES | $171M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $190M |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $392M |
| Retained Earnings | -$148M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $244M |
| Minority Interest | $0 |
| TOTAL EQUITY | $244M |
| TOTAL LIABILITIES & EQUITY | $434M |
| Total Debt | $49M |
| Net Debt | -$297.0K |
