| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $148M | $171M | $95M | -13.4% | 55.3% |
| Op. Income | -$18M | -$59M | $12M | 69.6% | -255.1% |
| Gross Margin | 41.2% | 35.7% | 42.3% | 5.5pp | -1.1pp |
| Net Margin | -15.3% | -33.3% | 8.5% | 17.9pp | -23.9pp |
| EPS (Diluted) | $-0.55 | $-1.40 | $0.28 | 60.7% | -296.4% |
| Free Cash Flow | $1M | $3M | -$10M | -56.3% | 111.5% |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $87M |
| GROSS PROFIT | $61M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $18M |
| Operating Expenses | $79M |
| Cost & Expenses | $166M |
| OPERATING INCOME | -$18M |
| Interest Income | $222.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | -$200.0K |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $164.0K |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $15M |
| EBIT | -$10M |
| EBITDA | $5M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $160M |
| Short-Term Investments | $565.0K |
| Net Receivables | $131M |
| Inventory | $131M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $445M |
| PP&E (Net) | $72M |
| Goodwill | $239M |
| Intangible Assets | $305M |
| Long-Term Investments | -$36M |
| Tax Assets | $36M |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $661M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $47M |
| Short-Term Debt | $7M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $138M |
| Long-Term Debt | $343M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $36M |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $440M |
| TOTAL LIABILITIES | $578M |
| Common Stock | $41M |
| Additional Paid-In Capital | $421M |
| Retained Earnings | $97M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $529M |
| Minority Interest | -$356.0K |
| TOTAL EQUITY | $528M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $349M |
| Net Debt | $190M |
