| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $256M | $252M | $240M | 1.2% | 6.5% |
| Op. Income | -$10M | -$8M | -$2M | -34.0% | -509.5% |
| Gross Margin | 51.9% | 54.2% | 54.2% | -2.3pp | -2.3pp |
| Net Margin | -14.8% | -6.8% | -3.8% | -8.0pp | -11.0pp |
| EPS (Diluted) | $-0.31 | $-0.14 | $-0.08 | -121.4% | -301.6% |
| Free Cash Flow | -$5M | $19M | $27M | -128.8% | -120.2% |
| Item | Amount |
|---|---|
| REVENUE | $256M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $133M |
| R&D Expenses | $59M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $84M |
| Other Expenses | $0 |
| Operating Expenses | $143M |
| Cost & Expenses | $266M |
| OPERATING INCOME | -$10M |
| Interest Income | $667.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | -$36M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$38M |
| D&A | $23M |
| EBIT | -$31M |
| EBITDA | -$8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$38M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $357.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$202.0K |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$219M |
| Purchases of Investments | $5M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$209M |
| Net Debt Issuance | $179M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | $171M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $131M |
| Short-Term Investments | $30M |
| Net Receivables | $152M |
| Inventory | $82M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $435M |
| PP&E (Net) | $133M |
| Goodwill | $333M |
| Intangible Assets | $96M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $55M |
| TOTAL NON-CURRENT ASSETS | $617M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $64M |
| Short-Term Debt | $17M |
| Deferred Revenue | $182M |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $411M |
| Long-Term Debt | $353M |
| Deferred Revenue NC | $92M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $546M |
| TOTAL LIABILITIES | $958M |
| Common Stock | $124.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$891M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $94M |
| Minority Interest | $0 |
| TOTAL EQUITY | $94M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $449M |
| Net Debt | $318M |
