| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $254M | $303M | $321M | -16.1% | -20.7% |
| Op. Income | -$6M | $21M | $47M | -129.6% | -113.0% |
| Gross Margin | 48.9% | 50.3% | 50.4% | -1.4pp | -1.5pp |
| Net Margin | -1.7% | 4.0% | 13.4% | -5.6pp | -15.1pp |
| EPS (Diluted) | $-0.07 | $0.19 | $0.64 | -136.8% | -110.9% |
| Free Cash Flow | -$6M | $83M | -$15M | -107.4% | 57.9% |
| Item | Amount |
|---|---|
| REVENUE | $254M |
| Cost of Revenue | $130M |
| GROSS PROFIT | $125M |
| R&D Expenses | $98M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $131M |
| Cost & Expenses | $261M |
| OPERATING INCOME | -$6M |
| Interest Income | $2M |
| Interest Expense | $259.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$228.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $23M |
| EBIT | -$4M |
| EBITDA | $18M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$371.0K |
| Other Non-Cash Items | $421.0K |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$41M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $60.0K |
| NET CASH FROM FINANCING | -$41M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $186M |
| Short-Term Investments | $40M |
| Net Receivables | $127M |
| Inventory | $173M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $575M |
| PP&E (Net) | $196M |
| Goodwill | $287M |
| Intangible Assets | $99M |
| Long-Term Investments | $159M |
| Tax Assets | $16M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $792M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $54M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $119M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $121M |
| TOTAL NON-CURRENT LIABILITIES | $121M |
| TOTAL LIABILITIES | $240M |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$185M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $0 |
| Net Debt | -$186M |
