| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | -$16M | -$5M | -$17M | -252.5% | 8.3% |
| Op. Income | -$30M | -$25M | -$27M | -22.9% | -12.6% |
| Gross Margin | 143.0% | 230.7% | 138.9% | -87.8pp | 4.0pp |
| Net Margin | 190.1% | 545.4% | 153.8% | -355.3pp | 36.3pp |
| EPS (Diluted) | $-11.10 | $-9.04 | $-9.79 | -22.8% | -13.4% |
| Free Cash Flow | $111M | $13M | $95M | 749.5% | 17.4% |
| Item | Amount |
|---|---|
| REVENUE | -$16M |
| Cost of Revenue | $7M |
| GROSS PROFIT | -$23M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $2M |
| Operating Expenses | $8M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$30M |
| Interest Income | $8M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$30M |
| D&A | $0 |
| EBIT | -$30M |
| EBITDA | -$30M |
| EPS | -$11 |
| EPS Diluted | -$11 |
| Item | Amount |
|---|---|
| Net Income | -$30M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $139M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $111M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$135M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$135M |
| FREE CASH FLOW | $111M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $53M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $456M |
| Tax Assets | $0 |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $480M |
| TOTAL ASSETS | $534M |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $266M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $79.2K |
| TOTAL NON-CURRENT LIABILITIES | $266M |
| TOTAL LIABILITIES | $286M |
| Common Stock | $54.5K |
| Additional Paid-In Capital | $699M |
| Retained Earnings | -$451M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $248M |
| Minority Interest | $0 |
| TOTAL EQUITY | $248M |
| TOTAL LIABILITIES & EQUITY | $534M |
| Total Debt | $266M |
| Net Debt | $216M |
