| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $279M | $382M | $278M | -27.0% | 0.2% |
| Op. Income | -$68M | $6M | -$79M | -1211.3% | 13.1% |
| Gross Margin | 77.1% | 76.4% | 77.9% | 0.7pp | -0.8pp |
| Net Margin | -41.2% | -11.8% | -43.5% | -29.4pp | 2.3pp |
| EPS (Diluted) | $-10.69 | $-3.94 | $-10.73 | -171.3% | 0.4% |
| Free Cash Flow | -$144M | $161M | -$171M | -189.4% | 15.8% |
| Item | Amount |
|---|---|
| REVENUE | $279M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $215M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $252M |
| Other Expenses | $31M |
| Operating Expenses | $283M |
| Cost & Expenses | $347M |
| OPERATING INCOME | -$68M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | -$114M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$115M |
| D&A | $31M |
| EBIT | -$68M |
| EBITDA | -$37M |
| EPS | -$11 |
| EPS Diluted | -$11 |
| Item | Amount |
|---|---|
| Net Income | -$115M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$127M |
| Change in Working Capital | $56M |
| OPERATING CASH FLOW | -$132M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$21M |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$144M |
| Net Change in Cash | -$155M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $159M |
| Short-Term Investments | $0 |
| Net Receivables | $256M |
| Inventory | $206M |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $728M |
| PP&E (Net) | $201M |
| Goodwill | $494M |
| Intangible Assets | $564M |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $371M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $113M |
| Short-Term Debt | $48M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $583M |
| TOTAL CURRENT LIABILITIES | $840M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $652M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $105.0K |
| Additional Paid-In Capital | $43M |
| Retained Earnings | -$1.4B |
| Treasury Stock | -$21M |
| Accum. Other Comp. Income | -$47M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1.4B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $2.4B |
| Net Debt | $2.2B |
