| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $384M | $278M | $405M | 38.0% | -5.2% |
| Op. Income | -$1M | -$79M | -$83.0K | 98.1% | -1686.7% |
| Gross Margin | 73.3% | 77.9% | 74.0% | -4.7pp | -0.7pp |
| Net Margin | -13.0% | -43.5% | -9.1% | 30.5pp | -3.9pp |
| EPS (Diluted) | $-4.39 | $-10.73 | $-3.29 | 59.1% | -33.4% |
| Free Cash Flow | -$93M | -$171M | -$88M | 45.6% | -5.4% |
| Item | Amount |
|---|---|
| REVENUE | $384M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $281M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $246M |
| Other Expenses | $37M |
| Operating Expenses | $283M |
| Cost & Expenses | $386M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | -$49M |
| Income Tax Expense | $627.0K |
| Net Income from Continuing Ops | -$50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$50M |
| D&A | $32M |
| EBIT | $4M |
| EBITDA | $35M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$50M |
| Depreciation & Amortization | $60M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $35M |
| Change in Working Capital | -$119M |
| OPERATING CASH FLOW | -$68M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$22M |
| NET CASH FROM INVESTING | -$47M |
| Net Debt Issuance | -$251M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $254M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$93M |
| Net Change in Cash | -$117M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $86M |
| Short-Term Investments | $0 |
| Net Receivables | $348M |
| Inventory | $203M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $736M |
| PP&E (Net) | $103M |
| Goodwill | $496M |
| Intangible Assets | $688M |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $299M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $126M |
| Short-Term Debt | $87M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $512M |
| TOTAL CURRENT LIABILITIES | $826M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $667M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $105.0K |
| Additional Paid-In Capital | $26M |
| Retained Earnings | -$1.3B |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1.3B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $2.2B |
| Net Debt | $2.2B |
