| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $329M | $315M | $230M | 4.4% | 43.0% |
| Op. Income | -$26M | -$4M | -$58M | -550.0% | 55.2% |
| Gross Margin | 14.3% | 16.8% | 0.9% | -2.5pp | 13.4pp |
| Net Margin | -18.8% | -1.6% | -6.1% | -17.3pp | -12.8pp |
| EPS (Diluted) | $-1.58 | $-0.35 | $-0.44 | -351.4% | -259.1% |
| Free Cash Flow | $12M | $3M | $8M | 300.0% | 50.0% |
| Item | Amount |
|---|---|
| REVENUE | $329M |
| Cost of Revenue | $282M |
| GROSS PROFIT | $47M |
| R&D Expenses | $9M |
| Selling & Marketing | $5M |
| General & Administrative | $20M |
| SG&A Expenses | $25M |
| Other Expenses | $39M |
| Operating Expenses | $73M |
| Cost & Expenses | $355M |
| OPERATING INCOME | -$26M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | -$44M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | -$63M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | -$62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$68M |
| D&A | $12M |
| EBIT | $15M |
| EBITDA | $27M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$62M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | $23M |
| Change in Working Capital | $27M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$24M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $24M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $233M |
| Short-Term Investments | $0 |
| Net Receivables | $208M |
| Inventory | $215M |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $706M |
| PP&E (Net) | $230M |
| Goodwill | $12M |
| Intangible Assets | $47M |
| Long-Term Investments | $0 |
| Tax Assets | $147M |
| Other Non-Current Assets | $273M |
| TOTAL NON-CURRENT ASSETS | $709M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $153M |
| Short-Term Debt | $1M |
| Deferred Revenue | $46M |
| Other Current Liabilities | $141M |
| TOTAL CURRENT LIABILITIES | $368M |
| Long-Term Debt | $105M |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $578M |
| TOTAL NON-CURRENT LIABILITIES | $766M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $604M |
| Retained Earnings | -$79M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | -$417M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $281M |
| Minority Interest | $0 |
| TOTAL EQUITY | $281M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $171M |
| Net Debt | -$62M |
