| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $80M | $84M | -53.3% | -55.8% |
| Op. Income | -$95M | -$28M | -$108M | -239.1% | 11.8% |
| Gross Margin | 46.9% | 19.1% | 13.7% | 27.8pp | 33.2pp |
| Net Margin | -304.1% | -42.0% | -98.7% | -262.0pp | -205.3pp |
| EPS (Diluted) | $-0.78 | $-0.23 | $-0.53 | -234.4% | -46.6% |
| Free Cash Flow | $3M | -$11M | -$22M | 129.8% | 115.3% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $17M |
| R&D Expenses | $893.7K |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $105M |
| Operating Expenses | $112M |
| Cost & Expenses | $132M |
| OPERATING INCOME | -$95M |
| Interest Income | $1M |
| Interest Expense | $5M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | -$128M |
| Income Tax Expense | -$14M |
| Net Income from Continuing Ops | -$113M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$113M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$113M |
| D&A | $9M |
| EBIT | -$123M |
| EBITDA | -$114M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$113M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $136M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $47M |
| Purchases of Investments | -$21M |
| Sales/Maturities of Investments | -$31M |
| Other Investing Activities | $502.8K |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $12M |
| Net Receivables | $4M |
| Inventory | $933.2K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $79M |
| PP&E (Net) | $831M |
| Goodwill | $63M |
| Intangible Assets | $0 |
| Long-Term Investments | $100M |
| Tax Assets | $18M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.1B |
| Account Payables | $4M |
| Short-Term Debt | $448.6K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $197M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $45M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $258M |
| TOTAL LIABILITIES | $274M |
| Common Stock | $933M |
| Additional Paid-In Capital | $21M |
| Retained Earnings | -$141M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $842M |
| Minority Interest | $0 |
| TOTAL EQUITY | $842M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $202M |
| Net Debt | $141M |
