| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $112M | $108M | — | 3.6% | — |
| Op. Income | -$9M | -$51M | — | 82.7% | — |
| Gross Margin | 41.1% | 18.6% | — | 22.6pp | — |
| Net Margin | 7.2% | -299.8% | — | 307.0pp | — |
| EPS (Diluted) | $0.12 | $-4.92 | — | 102.4% | — |
| Free Cash Flow | -$14M | -$8M | — | -73.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $112M |
| Cost of Revenue | $66M |
| GROSS PROFIT | $46M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $121M |
| OPERATING INCOME | -$9M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | -$37M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $20M |
| EBIT | -$21M |
| EBITDA | -$719.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$39M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $6M |
| Purchases of Investments | -$314.0K |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | -$18M |
| NET CASH FROM INVESTING | -$831.0K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$265.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $101M |
| Net Receivables | $86M |
| Inventory | $108M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $399M |
| PP&E (Net) | $133M |
| Goodwill | $315M |
| Intangible Assets | $181M |
| Long-Term Investments | $24M |
| Tax Assets | $41M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $705M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $25M |
| Short-Term Debt | $7M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $75M |
| Long-Term Debt | $655M |
| Deferred Revenue NC | $9M |
| Deferred Tax Liabilities | $632.0K |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $717M |
| TOTAL LIABILITIES | $792M |
| Common Stock | $66.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$792M |
| Treasury Stock | -$330.0K |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $311M |
| Minority Interest | $0 |
| TOTAL EQUITY | $311M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $693M |
| Net Debt | $617M |
