| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $84M | $82M | $80M | 3.3% | 5.3% |
| Op. Income | -$108M | $8M | -$61M | -1432.5% | -76.4% |
| Gross Margin | 13.7% | 14.2% | 14.4% | -0.5pp | -0.7pp |
| Net Margin | -98.7% | 4.9% | -58.7% | -103.6pp | -40.0pp |
| EPS (Diluted) | $-0.53 | $0.03 | $-0.30 | -1925.0% | -78.0% |
| Free Cash Flow | -$22M | -$10M | -$1M | -123.6% | -1394.2% |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $12M |
| R&D Expenses | $566.4K |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $77M |
| OPERATING INCOME | -$108M |
| Interest Income | $619.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$113M |
| Income Tax Expense | -$29M |
| Net Income from Continuing Ops | -$83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$83M |
| D&A | $10M |
| EBIT | -$108M |
| EBITDA | -$98M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$83M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$30M |
| Other Non-Cash Items | $117M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $117M |
| NET CASH FROM INVESTING | $74M |
| Net Debt Issuance | -$52M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$301.1K |
| NET CASH FROM FINANCING | -$64M |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $127M |
| Short-Term Investments | $7M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $144M |
| PP&E (Net) | $69M |
| Goodwill | $81M |
| Intangible Assets | $0 |
| Long-Term Investments | $303M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $158.6K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $258M |
| Deferred Revenue NC | -$64M |
| Deferred Tax Liabilities | $64M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $322M |
| TOTAL LIABILITIES | $338M |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $16M |
| Retained Earnings | $51M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $258M |
| Net Debt | $130M |
