| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | $249M | $150M | -72.5% | -54.4% |
| Op. Income | -$452M | -$1M | $26M | -35242.6% | -1840.6% |
| Gross Margin | 20.6% | 74.7% | 89.6% | -54.2pp | -69.1pp |
| Net Margin | -612.4% | 0.8% | -7.6% | -613.2pp | -604.8pp |
| EPS (Diluted) | $-43.00 | $0.18 | $-1.41 | -24621.7% | -2949.3% |
| Free Cash Flow | $0 | — | $53M | — | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $121M |
| General & Administrative | $21M |
| SG&A Expenses | $142M |
| Other Expenses | $0 |
| Operating Expenses | $487M |
| Cost & Expenses | $542M |
| OPERATING INCOME | -$452M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | -$467M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | -$414M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$4M |
| NET INCOME | -$420M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$420M |
| D&A | $1M |
| EBIT | -$452M |
| EBITDA | -$451M |
| EPS | -$43 |
| EPS Diluted | -$43 |
| Item | Amount |
|---|---|
| Net Income | -$420M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $412M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| 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 | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $684M |
| Short-Term Investments | $4M |
| Net Receivables | $62M |
| Inventory | $176M |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $34M |
| Goodwill | $11M |
| Intangible Assets | $11M |
| Long-Term Investments | $113M |
| Tax Assets | $74M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $242M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $115M |
| Other Current Liabilities | -$178M |
| TOTAL CURRENT LIABILITIES | $352M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $115M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $201M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $373M |
| Common Stock | $292 |
| Additional Paid-In Capital | $766M |
| Retained Earnings | $71M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $81M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $918M |
| Minority Interest | $7M |
| TOTAL EQUITY | $925M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $18M |
| Net Debt | -$666M |
