| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $66M | $59M | $54M | 12.5% | 21.8% |
| Op. Income | -$30M | -$12M | $2M | -139.2% | -1665.5% |
| Gross Margin | 75.8% | 86.8% | 86.8% | -11.0pp | -11.0pp |
| Net Margin | 55.6% | -23.1% | 3.3% | 78.6pp | 52.3pp |
| EPS (Diluted) | $0.84 | $-0.37 | $0.04 | 327.0% | 2000.0% |
| Free Cash Flow | -$5M | -$4M | $10M | -34.8% | -156.4% |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $50M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $80M |
| Cost & Expenses | $96M |
| OPERATING INCOME | -$30M |
| Interest Income | $801.0K |
| Interest Expense | $524.0K |
| Other Income/Expenses | $437.0K |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | -$66M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $5M |
| EBIT | -$29M |
| EBITDA | -$24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$66M |
| Other Non-Cash Items | $17M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $50M |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $50M |
| Net Debt Issuance | -$22M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$599.0K |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $62M |
| Short-Term Investments | $112M |
| Net Receivables | $38M |
| Inventory | $43M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $263M |
| PP&E (Net) | $92M |
| Goodwill | $66M |
| Intangible Assets | $383M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $556M |
| TOTAL ASSETS | $818M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $87M |
| TOTAL LIABILITIES | $145M |
| Common Stock | $44.0K |
| Additional Paid-In Capital | $862M |
| Retained Earnings | -$190M |
| Treasury Stock | -$132.0K |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $673M |
| Minority Interest | $0 |
| TOTAL EQUITY | $673M |
| TOTAL LIABILITIES & EQUITY | $818M |
| Total Debt | $75M |
| Net Debt | $13M |
