| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.2B | $1.1B | 10.1% | 24.5% |
| Op. Income | -$61M | -$79M | -$66M | 23.1% | 8.6% |
| Gross Margin | 24.1% | 23.7% | 20.9% | 0.4pp | 3.2pp |
| Net Margin | -4.5% | -6.4% | -6.1% | 1.9pp | 1.6pp |
| EPS (Diluted) | $-0.15 | $-0.20 | $-0.17 | 25.0% | 11.8% |
| Free Cash Flow | $64M | -$13M | $71M | 602.0% | -9.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $326M |
| R&D Expenses | $0 |
| Selling & Marketing | $102M |
| General & Administrative | $285M |
| SG&A Expenses | $387M |
| Other Expenses | $0 |
| Operating Expenses | $387M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | -$61M |
| Interest Income | $0 |
| Interest Expense | $343.0K |
| Other Income/Expenses | -$343.0K |
| INCOME BEFORE TAX | -$61M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$61M |
| D&A | $8M |
| EBIT | -$61M |
| EBITDA | -$53M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$61M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $45M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $44M |
| Change in Working Capital | $78M |
| OPERATING CASH FLOW | $74M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$2.0K |
| Net Debt Issuance | -$111.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $64M |
| Net Change in Cash | $76M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $212M |
| Short-Term Investments | $0 |
| Net Receivables | $81M |
| Inventory | $318M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $630M |
| PP&E (Net) | $298M |
| Goodwill | $0 |
| Intangible Assets | $14M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$10M |
| TOTAL NON-CURRENT ASSETS | $303M |
| TOTAL ASSETS | $932M |
| Account Payables | $683M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $236M |
| TOTAL LIABILITIES | $1.3B |
| 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 | -$404M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$404M |
| TOTAL LIABILITIES & EQUITY | $932M |
| Total Debt | $200M |
| Net Debt | -$12M |
