| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $241M | $241M | $256M | -0.2% | -5.8% |
| Op. Income | -$153M | $78M | -$23M | -297.9% | -572.3% |
| Gross Margin | 57.4% | 57.7% | 55.2% | -0.3pp | 2.2pp |
| Net Margin | -57.8% | 15.8% | -15.5% | -73.6pp | -42.3pp |
| EPS (Diluted) | $-2.68 | $0.73 | $-0.75 | -467.1% | -257.3% |
| Free Cash Flow | $48M | $41M | $52M | 15.1% | -7.9% |
| Item | Amount |
|---|---|
| REVENUE | $241M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $138M |
| R&D Expenses | $0 |
| Selling & Marketing | $34M |
| General & Administrative | $21M |
| SG&A Expenses | $56M |
| Other Expenses | $164.0K |
| Operating Expenses | $62M |
| Cost & Expenses | $165M |
| OPERATING INCOME | -$153M |
| Interest Income | $45.0K |
| Interest Expense | $26M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | -$179M |
| Income Tax Expense | -$40M |
| Net Income from Continuing Ops | -$139M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$139M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$139M |
| D&A | $7M |
| EBIT | -$153M |
| EBITDA | -$147M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$139M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$44M |
| Other Non-Cash Items | $231M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$45M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$45M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $0 |
| Net Receivables | $149M |
| Inventory | $120M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $301M |
| PP&E (Net) | $51M |
| Goodwill | $579M |
| Intangible Assets | $2.5B |
| Long-Term Investments | -$400M |
| Tax Assets | $400M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $57M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $88.0K |
| TOTAL CURRENT LIABILITIES | $127M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $400M |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $536.0K |
| Additional Paid-In Capital | $479M |
| Retained Earnings | $702M |
| Treasury Stock | -$60M |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.8B |
| Net Debt | $1.8B |
