| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $142M | — | $171M | — | -16.8% |
| Op. Income | -$14M | — | -$59M | — | 76.9% |
| Gross Margin | 36.0% | — | 35.7% | — | 0.3pp |
| Net Margin | -12.2% | — | -33.3% | — | 21.1pp |
| EPS (Diluted) | $-0.42 | — | $-1.40 | — | 70.0% |
| Free Cash Flow | $9M | — | $3M | — | 235.6% |
| Item | Amount |
|---|---|
| REVENUE | $142M |
| Cost of Revenue | $91M |
| GROSS PROFIT | $51M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $9M |
| Operating Expenses | $65M |
| Cost & Expenses | $156M |
| OPERATING INCOME | -$14M |
| Interest Income | $161.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $14M |
| EBIT | -$14M |
| EBITDA | -$348.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$315.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $248.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $1M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $266.0K |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $155M |
| Short-Term Investments | $904.0K |
| Net Receivables | $128M |
| Inventory | $131M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $440M |
| PP&E (Net) | $104M |
| Goodwill | $239M |
| Intangible Assets | $275M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $638M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $49M |
| Short-Term Debt | $7M |
| Deferred Revenue | $20M |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $149M |
| Long-Term Debt | $347M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $446M |
| TOTAL LIABILITIES | $595M |
| Common Stock | $41M |
| Additional Paid-In Capital | $433M |
| Retained Earnings | $43M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $483M |
| Minority Interest | $0 |
| TOTAL EQUITY | $483M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $382M |
| Net Debt | $227M |
