| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $23M | $43M | -63.7% | -80.6% |
| Op. Income | -$59M | -$49M | -$337M | -22.4% | 82.3% |
| Gross Margin | -65.3% | 35.7% | 67.3% | -101.0pp | -132.6pp |
| Net Margin | -2024.6% | -232.8% | -788.4% | -1791.8pp | -1236.2pp |
| EPS (Diluted) | $-1.09 | $-0.35 | $-2.59 | -211.4% | 57.9% |
| Free Cash Flow | -$37M | -$35M | -$49M | -5.4% | 24.2% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $14M |
| GROSS PROFIT | -$5M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $30M |
| Operating Expenses | $54M |
| Cost & Expenses | $68M |
| OPERATING INCOME | -$59M |
| Interest Income | $603.0K |
| Interest Expense | $5M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | -$52M |
| Income Tax Expense | $685.0K |
| Net Income from Continuing Ops | -$53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$116M |
| NET INCOME | -$169M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$169M |
| D&A | $6M |
| EBIT | -$48M |
| EBITDA | -$42M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$169M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $120M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$32M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $59M |
| Other Investing Activities | $327.0K |
| NET CASH FROM INVESTING | $55M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$37M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $9M |
| Net Receivables | $26M |
| Inventory | $16M |
| Other Current Assets | $111M |
| TOTAL CURRENT ASSETS | $235M |
| PP&E (Net) | $86M |
| Goodwill | $64M |
| Intangible Assets | $68M |
| Long-Term Investments | $1M |
| Tax Assets | $15M |
| Other Non-Current Assets | -$14M |
| TOTAL NON-CURRENT ASSETS | $221M |
| TOTAL ASSETS | $456M |
| Account Payables | $6M |
| Short-Term Debt | $34M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $62M |
| TOTAL CURRENT LIABILITIES | $123M |
| Long-Term Debt | $186M |
| Deferred Revenue NC | $48M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $261M |
| TOTAL LIABILITIES | $384M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $72M |
| Minority Interest | $0 |
| TOTAL EQUITY | $72M |
| TOTAL LIABILITIES & EQUITY | $456M |
| Total Debt | $233M |
| Net Debt | $167M |
