| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $74M | $84M | $92M | -12.7% | -19.8% |
| Op. Income | -$21M | -$108M | $10M | 80.8% | -316.2% |
| Gross Margin | 18.1% | 13.7% | 14.9% | 4.4pp | 3.2pp |
| Net Margin | -26.4% | -98.7% | 1.8% | 72.4pp | -28.2pp |
| EPS (Diluted) | $-0.12 | $-0.53 | $0.01 | 76.7% | -1800.0% |
| Free Cash Flow | -$2M | -$22M | $10M | 89.1% | -124.2% |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $13M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $66M |
| OPERATING INCOME | -$21M |
| Interest Income | $856.5K |
| Interest Expense | $4M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $9M |
| EBIT | -$22M |
| EBITDA | -$13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $32M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $308.4K |
| Other Investing Activities | $22.7K |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | -$22M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79M |
| Short-Term Investments | $10M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $95M |
| PP&E (Net) | $68M |
| Goodwill | $81M |
| Intangible Assets | $0 |
| Long-Term Investments | $310M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $237M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $57M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $301M |
| TOTAL LIABILITIES | $317M |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $25M |
| Retained Earnings | $20M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $244M |
| Net Debt | $165M |
