| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | — | $83M | — | -75.5% |
| Op. Income | -$48M | — | $23M | — | -306.8% |
| Gross Margin | 70.2% | — | 47.5% | — | 22.7pp |
| Net Margin | -195.6% | — | 25.6% | — | -221.2pp |
| EPS (Diluted) | $-0.61 | — | $0.35 | — | -273.3% |
| Free Cash Flow | -$29M | — | $1M | — | -2141.6% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $14M |
| R&D Expenses | $39M |
| Selling & Marketing | $160.8K |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $69M |
| OPERATING INCOME | -$48M |
| Interest Income | $332.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$51M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | -$40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$40M |
| D&A | $11M |
| EBIT | -$50M |
| EBITDA | -$39M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$40M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $23M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | -$634.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.2K |
| NET CASH FROM INVESTING | -$636.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $92M |
| NET CASH FROM FINANCING | $92M |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | $63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $237M |
| Short-Term Investments | $19M |
| Net Receivables | $3M |
| Inventory | $7M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $278M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $113M |
| Long-Term Investments | $43M |
| Tax Assets | $2M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $191M |
| TOTAL ASSETS | $469M |
| Account Payables | $33M |
| Short-Term Debt | $2M |
| Deferred Revenue | $57M |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $142M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $47M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $73M |
| TOTAL LIABILITIES | $215M |
| Common Stock | $5M |
| Additional Paid-In Capital | $432M |
| Retained Earnings | -$182M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$551.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $254M |
| Minority Interest | $0 |
| TOTAL EQUITY | $254M |
| TOTAL LIABILITIES & EQUITY | $469M |
| Total Debt | $22M |
| Net Debt | -$215M |
