| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $240M | $324M | $303M | -25.9% | -20.7% |
| Op. Income | $7M | $44M | $21M | -83.9% | -65.8% |
| Gross Margin | 51.8% | 50.3% | 50.3% | 1.5pp | 1.5pp |
| Net Margin | 2.6% | 9.2% | 4.0% | -6.7pp | -1.4pp |
| EPS (Diluted) | $0.10 | $0.49 | $0.19 | -79.6% | -47.4% |
| Free Cash Flow | -$79.0K | $113M | $83M | -100.1% | -100.1% |
| Item | Amount |
|---|---|
| REVENUE | $240M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $125M |
| R&D Expenses | $92M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $30M |
| Other Expenses | -$5M |
| Operating Expenses | $118M |
| Cost & Expenses | $233M |
| OPERATING INCOME | $7M |
| Interest Income | $3M |
| Interest Expense | $259.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $17M |
| EBIT | $9M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $240M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $125M |
| R&D Expenses | $92M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $30M |
| Other Expenses | -$5M |
| Operating Expenses | $118M |
| Cost & Expenses | $233M |
| OPERATING INCOME | $7M |
| Interest Income | $3M |
| Interest Expense | $259.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $17M |
| EBIT | $9M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$32M |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | -$79.0K |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $216M |
| Short-Term Investments | $70M |
| Net Receivables | $121M |
| Inventory | $165M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $625M |
| PP&E (Net) | $186M |
| Goodwill | $286M |
| Intangible Assets | $68M |
| Long-Term Investments | $159M |
| Tax Assets | $9M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $728M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $48M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $116M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $97M |
| TOTAL NON-CURRENT LIABILITIES | $97M |
| TOTAL LIABILITIES | $212M |
| Common Stock | $59.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$222M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| 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 | -$216M |
