| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $876M | 6.6% | 40.4% |
| Op. Income | -$79M | -$83M | -$78M | 5.2% | -0.4% |
| Gross Margin | 23.7% | 23.6% | 19.6% | 0.1pp | 4.1pp |
| Net Margin | -6.4% | -7.2% | -9.0% | 0.8pp | 2.6pp |
| EPS (Diluted) | $-0.20 | $-0.21 | $-0.20 | 4.8% | 0.0% |
| Free Cash Flow | -$13M | $10M | -$51M | -229.7% | 75.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $938M |
| GROSS PROFIT | $292M |
| R&D Expenses | $0 |
| Selling & Marketing | $112M |
| General & Administrative | $258M |
| SG&A Expenses | $371M |
| Other Expenses | $0 |
| Operating Expenses | $371M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | -$79M |
| Interest Income | $0 |
| Interest Expense | $221.0K |
| Other Income/Expenses | -$221.0K |
| INCOME BEFORE TAX | -$79M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$79M |
| D&A | $8M |
| EBIT | -$79M |
| EBITDA | -$71M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$79M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $39M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | -$13.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $136M |
| Short-Term Investments | $0 |
| Net Receivables | $106M |
| Inventory | $290M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $566M |
| PP&E (Net) | $289M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $292M |
| TOTAL ASSETS | $859M |
| Account Payables | $638M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $237M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $4M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$389M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$389M |
| TOTAL LIABILITIES & EQUITY | $859M |
| Total Debt | $203M |
| Net Debt | $67M |
