| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $278M | $262M | $179M | 6.2% | 55.7% |
| Op. Income | $6M | $6M | $18M | 1.0% | -66.6% |
| Gross Margin | 53.1% | 53.8% | 56.8% | -0.6pp | -3.6pp |
| Net Margin | -2.0% | -5.2% | 6.8% | 3.2pp | -8.8pp |
| EPS (Diluted) | $-0.05 | $-0.12 | $0.11 | 59.5% | -144.2% |
| Free Cash Flow | $2M | -$25M | $13M | 109.6% | -81.5% |
| Item | Amount |
|---|---|
| REVENUE | $278M |
| Cost of Revenue | $130M |
| GROSS PROFIT | $148M |
| R&D Expenses | $53M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $89M |
| Other Expenses | $0 |
| Operating Expenses | $142M |
| Cost & Expenses | $272M |
| OPERATING INCOME | $6M |
| Interest Income | $743.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | -$2M |
| 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 | $16M |
| EBIT | -$4M |
| EBITDA | $12M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $751.0K |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | -$3M |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $121M |
| Short-Term Investments | $0 |
| Net Receivables | $212M |
| Inventory | $64M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $428M |
| PP&E (Net) | $79M |
| Goodwill | $139M |
| Intangible Assets | $77M |
| Long-Term Investments | -$6M |
| Tax Assets | $6M |
| Other Non-Current Assets | $48M |
| TOTAL NON-CURRENT ASSETS | $342M |
| TOTAL ASSETS | $770M |
| Account Payables | $76M |
| Short-Term Debt | $9M |
| Deferred Revenue | $131M |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $360M |
| Long-Term Debt | $189M |
| Deferred Revenue NC | $44M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $59M |
| TOTAL NON-CURRENT LIABILITIES | $298M |
| TOTAL LIABILITIES | $658M |
| Common Stock | $116.0K |
| Additional Paid-In Capital | $942M |
| Retained Earnings | -$828M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $113M |
| Minority Interest | $0 |
| TOTAL EQUITY | $113M |
| TOTAL LIABILITIES & EQUITY | $770M |
| Total Debt | $198M |
| Net Debt | $77M |
