| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $278M | $398M | $281M | -30.0% | -0.8% |
| Op. Income | -$79M | -$1M | -$80M | -5611.6% | 1.3% |
| Gross Margin | 77.9% | 72.8% | 76.3% | 5.2pp | 1.6pp |
| Net Margin | -43.5% | -7.6% | -44.2% | -35.8pp | 0.7pp |
| EPS (Diluted) | $-10.73 | $-2.73 | $-10.97 | -293.0% | 2.2% |
| Free Cash Flow | -$171M | $195M | -$150M | -187.6% | -13.7% |
| Item | Amount |
|---|---|
| REVENUE | $278M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $217M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $260M |
| Other Expenses | $36M |
| Operating Expenses | $295M |
| Cost & Expenses | $357M |
| OPERATING INCOME | -$79M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | -$121M |
| Income Tax Expense | $519.0K |
| Net Income from Continuing Ops | -$121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$121M |
| D&A | $32M |
| EBIT | -$75M |
| EBITDA | -$43M |
| EPS | -$11 |
| EPS Diluted | -$11 |
| Item | Amount |
|---|---|
| Net Income | -$121M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$170M |
| Change in Working Capital | $78M |
| OPERATING CASH FLOW | -$159M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$23M |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | -$171M |
| Net Change in Cash | -$204M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $203M |
| Short-Term Investments | $0 |
| Net Receivables | $250M |
| Inventory | $191M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $750M |
| PP&E (Net) | $93M |
| Goodwill | $499M |
| Intangible Assets | $708M |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $289M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $112M |
| Short-Term Debt | $17M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $551M |
| TOTAL CURRENT LIABILITIES | $753M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $650M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $104.0K |
| Additional Paid-In Capital | $8M |
| Retained Earnings | -$1.2B |
| Treasury Stock | -$13M |
| Accum. Other Comp. Income | -$31M |
| 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 | $2.0B |
