| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $365M | $343M | $282M | 6.5% | 29.4% |
| Op. Income | -$98M | -$10M | -$161M | -849.0% | 39.4% |
| Gross Margin | 81.5% | 89.3% | 92.0% | -7.8pp | -10.5pp |
| Net Margin | -26.7% | -0.1% | -27.3% | -26.6pp | 0.6pp |
| EPS (Diluted) | $-0.48 | $-0.00 | $-0.41 | -19900.0% | -17.1% |
| Free Cash Flow | -$125M | $13M | $64M | -1071.7% | -295.9% |
| Item | Amount |
|---|---|
| REVENUE | $365M |
| Cost of Revenue | $67M |
| GROSS PROFIT | $298M |
| R&D Expenses | $111M |
| Selling & Marketing | $139M |
| General & Administrative | $75M |
| SG&A Expenses | $214M |
| Other Expenses | $0 |
| Operating Expenses | $325M |
| Cost & Expenses | $392M |
| OPERATING INCOME | -$98M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$106M |
| Income Tax Expense | -$8M |
| Net Income from Continuing Ops | -$98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$98M |
| D&A | $23M |
| EBIT | -$92M |
| EBITDA | -$69M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$98M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $38M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $86M |
| Change in Working Capital | -$139M |
| OPERATING CASH FLOW | -$99M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | -$53M |
| Purchases of Investments | -$53M |
| Sales/Maturities of Investments | $151M |
| Other Investing Activities | $94M |
| NET CASH FROM INVESTING | $19M |
| Net Debt Issuance | $93M |
| Common Stock Repurchased | -$3.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $96M |
| FREE CASH FLOW | -$125M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $651M |
| Short-Term Investments | $904M |
| Net Receivables | $66M |
| Inventory | $163M |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $135M |
| Goodwill | $2.0B |
| Intangible Assets | $216M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $62M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $7M |
| Short-Term Debt | $150M |
| Deferred Revenue | $36M |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $287M |
| Long-Term Debt | $699M |
| Deferred Revenue NC | $20M |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $736M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $21.0K |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | -$672M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$905.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $849M |
| Net Debt | $198M |
