| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $120M | $125M | $158M | -3.7% | -23.8% |
| Op. Income | -$31M | -$37M | -$42M | 15.3% | 25.7% |
| Gross Margin | 67.8% | 66.4% | 76.8% | 1.4pp | -9.0pp |
| Net Margin | -33.7% | -23.5% | -27.3% | -10.2pp | -6.4pp |
| EPS (Diluted) | $-0.39 | $-0.28 | $-0.43 | -39.3% | 9.3% |
| Free Cash Flow | $10M | -$28M | -$28M | 135.1% | 135.4% |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $42M |
| General & Administrative | $48M |
| SG&A Expenses | $90M |
| Other Expenses | $0 |
| Operating Expenses | $79M |
| Cost & Expenses | $151M |
| OPERATING INCOME | -$31M |
| Interest Income | $2M |
| Interest Expense | $1M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$41M |
| Income Tax Expense | -$546.0K |
| Net Income from Continuing Ops | -$40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$40M |
| D&A | $7M |
| EBIT | -$40M |
| EBITDA | -$33M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$40M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$740.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $34M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $38M |
| NET CASH FROM INVESTING | $24M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$113.0K |
| NET CASH FROM FINANCING | -$116.0K |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $178M |
| Short-Term Investments | $134M |
| Net Receivables | $55M |
| Inventory | $606.0K |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $441M |
| PP&E (Net) | $13M |
| Goodwill | $937M |
| Intangible Assets | $132M |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $69M |
| Short-Term Debt | $233.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $76M |
| TOTAL CURRENT LIABILITIES | $205M |
| Long-Term Debt | $474.0K |
| Deferred Revenue NC | $372.0K |
| Deferred Tax Liabilities | $601.0K |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $213M |
| Common Stock | $52.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$682M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $62M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $193.0K |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $707.0K |
| Net Debt | -$177M |
