| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59M | — | $33M | — | 75.5% |
| Op. Income | -$29M | — | -$7M | — | -298.9% |
| Gross Margin | 29.8% | — | 29.7% | — | 0.2pp |
| Net Margin | -50.1% | — | -30.4% | — | -19.7pp |
| EPS (Diluted) | $-0.28 | — | $-0.09 | — | -213.1% |
| Free Cash Flow | -$5M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $17M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $88M |
| OPERATING INCOME | -$29M |
| Interest Income | $0 |
| Interest Expense | $248.0K |
| Other Income/Expenses | $162.3K |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | -$1.3K |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $471.4K |
| EBIT | -$29M |
| EBITDA | -$28M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$30M |
| Depreciation & Amortization | $474.7K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$650.3K |
| Acquisitions (Net) | -$292.1K |
| Purchases of Investments | -$208M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | $56.5K |
| NET CASH FROM INVESTING | -$199M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $221M |
| NET CASH FROM FINANCING | $221M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $211M |
| Net Receivables | $31M |
| Inventory | $11M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $296M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $292.1K |
| Tax Assets | $0 |
| Other Non-Current Assets | $895.0K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $305M |
| Account Payables | $9M |
| Short-Term Debt | $128M |
| Deferred Revenue | $67M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $257M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $805.7K |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $261M |
| Common Stock | $10.5K |
| Additional Paid-In Capital | $326M |
| Retained Earnings | -$280M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $44M |
| Minority Interest | $136.7K |
| TOTAL EQUITY | $44M |
| TOTAL LIABILITIES & EQUITY | $305M |
| Total Debt | $131M |
| Net Debt | $106M |
