| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $36M | — | -36.0% | — |
| Op. Income | -$49M | -$37M | — | -30.0% | — |
| Gross Margin | 35.7% | 51.7% | — | -15.9pp | — |
| Net Margin | -232.8% | -107.7% | — | -125.0pp | — |
| EPS (Diluted) | $-0.35 | $-0.25 | — | -40.0% | — |
| Free Cash Flow | -$35M | -$47M | — | 26.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $8M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $71M |
| OPERATING INCOME | -$49M |
| Interest Income | $885.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$54M |
| Income Tax Expense | -$512.0K |
| Net Income from Continuing Ops | -$49M |
| Net Income from Discontinued Ops | -$5M |
| Other Adjustments | $0 |
| NET INCOME | -$54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$54M |
| D&A | $6M |
| EBIT | -$45M |
| EBITDA | -$39M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$54M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$467.0K |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$27M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | $185.0K |
| NET CASH FROM INVESTING | $14M |
| Net Debt Issuance | $39.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6.0K |
| NET CASH FROM FINANCING | $45.0K |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $62M |
| Net Receivables | $25M |
| Inventory | $17M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $157M |
| PP&E (Net) | $144M |
| Goodwill | $148M |
| Intangible Assets | $107M |
| Long-Term Investments | $24M |
| Tax Assets | $0 |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $448M |
| TOTAL ASSETS | $605M |
| Account Payables | $7M |
| Short-Term Debt | $32M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $82M |
| Long-Term Debt | $222M |
| Deferred Revenue NC | $66M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | -$38M |
| TOTAL NON-CURRENT LIABILITIES | $295M |
| TOTAL LIABILITIES | $376M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $228M |
| Minority Interest | $0 |
| TOTAL EQUITY | $228M |
| TOTAL LIABILITIES & EQUITY | $605M |
| Total Debt | $299M |
| Net Debt | $254M |
