| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $223M | $295M | $408M | -24.4% | -45.4% |
| Op. Income | -$138M | -$45M | -$23M | -204.9% | -489.0% |
| Gross Margin | -33.6% | 3.5% | 11.2% | -37.1pp | -44.7pp |
| Net Margin | -104.7% | -35.8% | -26.3% | -68.9pp | -78.4pp |
| EPS (Diluted) | $-13.83 | $-5.76 | $-12.13 | -140.1% | -14.0% |
| Free Cash Flow | -$69M | -$64M | -$43M | -8.4% | -61.4% |
| Item | Amount |
|---|---|
| REVENUE | $223M |
| Cost of Revenue | $298M |
| GROSS PROFIT | -$75M |
| R&D Expenses | $899.0K |
| Selling & Marketing | $0 |
| General & Administrative | $56M |
| SG&A Expenses | $56M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $355M |
| OPERATING INCOME | -$138M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$87M |
| INCOME BEFORE TAX | -$224M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$227M |
| Net Income from Discontinued Ops | -$6M |
| Other Adjustments | $0 |
| NET INCOME | -$233M |
| Net Income Deductions | -$6M |
| BOTTOM LINE NET INCOME | -$228M |
| D&A | $8M |
| EBIT | -$219M |
| EBITDA | -$203M |
| EPS | -$14 |
| EPS Diluted | -$14 |
| Item | Amount |
|---|---|
| Net Income | -$233M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $252.0K |
| Deferred Income Tax | $353.0K |
| Other Non-Cash Items | $79M |
| Change in Working Capital | $78M |
| OPERATING CASH FLOW | -$68M |
| Capital Expenditure | -$454.0K |
| Acquisitions (Net) | $111M |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | $913.0K |
| NET CASH FROM INVESTING | $112M |
| Net Debt Issuance | -$66M |
| Common Stock Repurchased | -$39.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | -$52M |
| FREE CASH FLOW | -$69M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $387M |
| Inventory | $61M |
| Other Current Assets | $248M |
| TOTAL CURRENT ASSETS | $550M |
| PP&E (Net) | $91M |
| Goodwill | $47M |
| Intangible Assets | $31M |
| Long-Term Investments | $16M |
| Tax Assets | -$16M |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $196M |
| TOTAL ASSETS | $745M |
| Account Payables | $200M |
| Short-Term Debt | $176M |
| Deferred Revenue | $149M |
| Other Current Liabilities | $167M |
| TOTAL CURRENT LIABILITIES | $712M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $311M |
| TOTAL NON-CURRENT LIABILITIES | $311M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$1.2B |
| Treasury Stock | -$106M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$286M |
| Minority Interest | $9M |
| TOTAL EQUITY | -$277M |
| TOTAL LIABILITIES & EQUITY | $745M |
| Total Debt | $176M |
| Net Debt | $133M |
