| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.4B | $1.1B | 19.7% | 46.2% |
| Op. Income | -$47M | -$61M | -$30M | 21.6% | -56.9% |
| Gross Margin | 23.4% | 24.1% | 22.9% | -0.7pp | 0.5pp |
| Net Margin | -3.0% | -4.5% | -2.7% | 1.5pp | -0.3pp |
| EPS (Diluted) | $-0.12 | $-0.15 | $-0.07 | 20.0% | -61.9% |
| Free Cash Flow | -$22M | $64M | -$63M | -134.0% | 65.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $379M |
| R&D Expenses | $0 |
| Selling & Marketing | $106M |
| General & Administrative | $320M |
| SG&A Expenses | $426M |
| Other Expenses | $0 |
| Operating Expenses | $426M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | -$47M |
| Interest Income | $0 |
| Interest Expense | $384.0K |
| Other Income/Expenses | -$384.0K |
| INCOME BEFORE TAX | -$48M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$48M |
| D&A | $7M |
| EBIT | -$47M |
| EBITDA | -$40M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$48M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $42M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | -$160.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $325.0K |
| NET CASH FROM FINANCING | $165.0K |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $193M |
| Short-Term Investments | $0 |
| Net Receivables | $109M |
| Inventory | $449M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $768M |
| PP&E (Net) | $352M |
| Goodwill | $0 |
| Intangible Assets | $19M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$15M |
| TOTAL NON-CURRENT ASSETS | $356M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $783M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $270M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $4M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$397M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$397M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $230M |
| Net Debt | $37M |
