| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $296M | $219M | $143M | 35.1% | 106.7% |
| Op. Income | -$96M | -$36M | -$49M | -169.5% | -94.9% |
| Gross Margin | 76.6% | 75.9% | 73.3% | 0.8pp | 3.3pp |
| Net Margin | 26.4% | -18.5% | -37.7% | 44.9pp | 64.1pp |
| EPS (Diluted) | $0.54 | $-0.31 | $-0.44 | 274.2% | 222.7% |
| Free Cash Flow | -$69M | -$81M | -$54M | 14.6% | -28.3% |
| Item | Amount |
|---|---|
| REVENUE | $296M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $226M |
| R&D Expenses | $43M |
| Selling & Marketing | $120M |
| General & Administrative | $144M |
| SG&A Expenses | $264M |
| Other Expenses | $16M |
| Operating Expenses | $323M |
| Cost & Expenses | $392M |
| OPERATING INCOME | -$96M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$107M |
| Income Tax Expense | -$185M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $26M |
| EBIT | -$93M |
| EBITDA | -$67M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $78M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | -$185M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | -$40M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $211M |
| Other Investing Activities | -$976M |
| NET CASH FROM INVESTING | -$835M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$69M |
| Net Change in Cash | -$857M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $177M |
| Short-Term Investments | $146M |
| Net Receivables | $130M |
| Inventory | $62M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $554M |
| PP&E (Net) | $582M |
| Goodwill | $1.2B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $26M |
| Short-Term Debt | $834.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $104M |
| TOTAL CURRENT LIABILITIES | $236M |
| Long-Term Debt | $828M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $981M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$100.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $955M |
| Net Debt | $778M |
