| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $151M | — | $131M | — | 15.1% |
| Op. Income | -$9M | — | -$17M | — | 46.8% |
| Gross Margin | 42.5% | — | 38.3% | — | 4.2pp |
| Net Margin | -15.5% | — | -17.2% | — | 1.7pp |
| EPS (Diluted) | $-0.36 | — | $-0.35 | — | -2.9% |
| Free Cash Flow | -$9M | — | -$13M | — | 35.2% |
| Item | Amount |
|---|---|
| REVENUE | $151M |
| Cost of Revenue | $87M |
| GROSS PROFIT | $64M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $73M |
| Cost & Expenses | $160M |
| OPERATING INCOME | -$9M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $28M |
| EBIT | -$13M |
| EBITDA | $15M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $27.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$375.0K |
| Purchases of Investments | -$450.0K |
| Sales/Maturities of Investments | $68M |
| Other Investing Activities | -$68M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$185.0K |
| Common Stock Repurchased | -$341.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $99M |
| Net Receivables | $128M |
| Inventory | $121M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $459M |
| PP&E (Net) | $149M |
| Goodwill | $314M |
| Intangible Assets | $492M |
| Long-Term Investments | $27M |
| Tax Assets | $2M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $998M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $33M |
| Short-Term Debt | $7M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $93M |
| Long-Term Debt | $659M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $442.0K |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $707M |
| TOTAL LIABILITIES | $801M |
| Common Stock | $65.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$431M |
| Treasury Stock | -$330.0K |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $657M |
| Minority Interest | $0 |
| TOTAL EQUITY | $657M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $697M |
| Net Debt | $610M |
