| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | -$60M | $32M | $26M | -290.3% | -330.4% |
| Op. Income | -$74M | $19M | $16M | -485.4% | -565.4% |
| Gross Margin | 120.3% | 65.8% | 65.6% | 54.6pp | 54.7pp |
| Net Margin | 122.7% | 60.6% | 60.7% | 62.1pp | 62.0pp |
| EPS (Diluted) | $-1.02 | $0.31 | $0.26 | -429.0% | -492.3% |
| Free Cash Flow | -$38M | $53M | $30M | -172.4% | -225.7% |
| Item | Amount |
|---|---|
| REVENUE | -$60M |
| Cost of Revenue | $12M |
| GROSS PROFIT | -$73M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$74M |
| Interest Income | $47M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$74M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$74M |
| D&A | $0 |
| EBIT | -$74M |
| EBITDA | -$74M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$74M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $29M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | -$38M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $32M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$658.0K |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$38M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | -$54.0K |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $61M |
| TOTAL CURRENT ASSETS | $84M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$4.3B |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $39M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $322.0K |
| TOTAL CURRENT LIABILITIES | $53M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $115.0K |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $133.0K |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | -$88M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $2.1B |
| Net Debt | $2.1B |
