| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $269M | $262M | $244M | 2.4% | 10.3% |
| Op. Income | $18M | $10M | $13M | 84.8% | 38.7% |
| Gross Margin | 93.8% | 93.7% | 94.2% | 0.1pp | -0.3pp |
| Net Margin | 6.4% | 3.8% | 13.1% | 2.5pp | -6.7pp |
| EPS (Diluted) | $0.24 | $0.14 | $0.37 | 71.4% | -35.1% |
| Free Cash Flow | $48M | $41M | $33M | 17.8% | 45.1% |
| Item | Amount |
|---|---|
| REVENUE | $269M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $252M |
| R&D Expenses | $61M |
| Selling & Marketing | $126M |
| General & Administrative | $34M |
| SG&A Expenses | $161M |
| Other Expenses | $13M |
| Operating Expenses | $235M |
| Cost & Expenses | $251M |
| OPERATING INCOME | $18M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $13M |
| EBIT | $18M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $269M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $252M |
| R&D Expenses | $61M |
| Selling & Marketing | $126M |
| General & Administrative | $34M |
| SG&A Expenses | $161M |
| Other Expenses | $13M |
| Operating Expenses | $235M |
| Cost & Expenses | $251M |
| OPERATING INCOME | $18M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $13M |
| EBIT | $18M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$145M |
| Sales/Maturities of Investments | $144M |
| Other Investing Activities | $78.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $445.0K |
| FREE CASH FLOW | $48M |
| Net Change in Cash | $47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $170M |
| Short-Term Investments | $242M |
| Net Receivables | $107M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $533M |
| PP&E (Net) | $309M |
| Goodwill | $105M |
| Intangible Assets | $10M |
| Long-Term Investments | $53M |
| Tax Assets | $20M |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $537M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $134M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $182M |
| TOTAL LIABILITIES | $316M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$493M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $755M |
| Minority Interest | $0 |
| TOTAL EQUITY | $755M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $232M |
| Net Debt | $62M |
