| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $94M | $90M | $79M | 4.3% | 18.2% |
| Op. Income | -$29M | -$24M | -$14M | -18.7% | -109.6% |
| Gross Margin | 63.1% | 75.1% | 75.1% | -12.0pp | -12.0pp |
| Net Margin | -30.0% | -26.4% | -16.7% | -3.6pp | -13.3pp |
| EPS (Diluted) | $-0.29 | $-0.25 | $-0.14 | -16.0% | -107.1% |
| Free Cash Flow | -$19M | -$12M | -$4M | -59.7% | -399.6% |
| Item | Amount |
|---|---|
| REVENUE | $94M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $59M |
| R&D Expenses | $18M |
| Selling & Marketing | $50M |
| General & Administrative | $20M |
| SG&A Expenses | $70M |
| Other Expenses | $885.0K |
| Operating Expenses | $88M |
| Cost & Expenses | $123M |
| OPERATING INCOME | -$29M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $885.0K |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | $236.0K |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $7M |
| EBIT | -$29M |
| EBITDA | -$22M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $7M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $279M |
| Common Stock Repurchased | -$192.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$29M |
| NET CASH FROM FINANCING | $250M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | $248M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $277M |
| Short-Term Investments | $70M |
| Net Receivables | $20M |
| Inventory | $16M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $397M |
| PP&E (Net) | $53M |
| Goodwill | $40M |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $149M |
| TOTAL ASSETS | $546M |
| Account Payables | $32M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $75M |
| Long-Term Debt | $216M |
| Deferred Revenue NC | $6.0K |
| Deferred Tax Liabilities | -$6.0K |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $222M |
| TOTAL LIABILITIES | $297M |
| Common Stock | $96.0K |
| Additional Paid-In Capital | $507M |
| Retained Earnings | -$250M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $249M |
| Minority Interest | $0 |
| TOTAL EQUITY | $249M |
| TOTAL LIABILITIES & EQUITY | $546M |
| Total Debt | $216M |
| Net Debt | -$61M |
