2019 2018 Revenue $ 70,697 55,838 Costs and expenses: Cost of revenue 12,770 9,355 Research and development 13,600 10,273 Marketing and sales 9,876 7,846 General and administrative 10,465 3,451 Total costs and expenses 46,711 30,925 Earnings before interest and taxes 23,986 24,913 Interest and other income, net 826 448 Note: No interest expense, so no need to calculate times interest earned Income before provision for income taxes 24,812 25,361 Provision for income taxes 6,327 3,249 Net income $ 18,485 $ 22,112 2019 2018 2017 Assets Current assets: Cash and cash equivalents $ 19,079 s 10,019 $ 8,079 Marketable securities 35,776 31,095 33,632 Accounts receivable, net of allowances of $206 and $229 as of December 31, 2019 and December 31, 2018, respectively 9,518 7,587 5,832 Prepaid expenses and other current assets 1,852 1,779 1,020 Total current assets 66,225 50,480 48,563 Property and equipment, net 35,323 24,683 13,721 Operating lease right-of-use assets, net 9,460 ntangible assets, net 894 1,294 1,884 Goodwill 18,715 18,301 18,221 Other assets 2,759 2,576 2,135 Total assets $ 133,376 $ 97,334 $ 84,524 Liabilities and stockholders' equity Current liabilities: Accounts payable S 1,363 $ 820 S 380 886 541 390 Partners payable Operating lease liabilities current 800 - Accrued expenses and other current liabilities 11,735 5,509 2,892 Deferred revenue and deposits 269 147 98 Total current liabilities 15,053 7,017 3,760 Operating lease liabilities, non- current 9,524 Other liabilities 7,745 6,190 6,417 Total liabilities 32,322 13,207 10,177 Commitments and contingencies Stockholders' equity: Common stock, S0.000006 par value; - - 45,851 42,906 40,584 Additional paid-in capital Accumulated other comprehensive loss Retained earnings (489) (760) (227) 55,692 41,981 33,990 Total stockholders' equity 101,054 84,127 74,347 Total liabilities and stockholders' equity $ 133,376 $ 97,334 $ 84,524 Facebook Ratios: Liquidity and Efficiency Ratios: Most Current Year Previous Year Current Ratio Current Assets Current Liabilities #DIV/0! #DIV/0! Acid-Test Ratio Cash + Short-term Investments + Receivables Current Liabilities = #DIV/0! = #DIV/0! A/R Turnover Net Sales Avg. Accounts Receivable #DIV/0! #DIV/0! This year A/R Last year A/R Last year A/R A/R2 years ago Avg. A/R Calculation Inventory Turnover Cost of Goods Sold Avg. Inventory #DIV/0! #DIV/0! This year inventory Last year inventory Last year inventory inventory 2 years ago Avg. Inventory Calculation Total Asset Turnover Net Sales Avg. Total Assets 0! #DIV/0! = #DIV/0! This year total assets Last year total assets Last year total assets total assets 2 years ago Avg. Total Assets Calculation Solvency Ratios: Debt Ratio Total Liabilities Total Assets #DIV/0! #DIV/0! Times Interest Earned Earnings before Interest and Taxes Interest Expense #DIV/0! #DIV/0! Profitability Ratios: Profit Margin Ratio Net Income Net Sales = #DIV/0! = #DIV/0! Gross Profit Ratio Gross Profit Net Sales #DIV/0! #DIV/0! Return on Assets Ratio Net Income Avg. Total Assets = #DIV/0! = #DIV/0! calculated from above Return on Equity Ratio Net Income Avg. Stockholders' Equity #DIV/0! = #DIV/0! 0 This year total equity Last year total equity This year total equity Last year total equity