| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $198M | $209M | $160M | -5.4% | 24.1% |
| Op. Income | $8M | $18M | $7M | -58.6% | 2.7% |
| Gross Margin | 64.1% | 64.0% | 66.9% | 0.1pp | -2.8pp |
| Net Margin | -1.1% | 2.4% | 2.8% | -3.4pp | -3.8pp |
| EPS (Diluted) | $-0.03 | $0.08 | $0.07 | -141.8% | -147.7% |
| Free Cash Flow | -$31M | -$3M | -$39M | -936.1% | 20.3% |
| Item | Amount |
|---|---|
| REVENUE | $198M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $127M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $84M |
| Other Expenses | $0 |
| Operating Expenses | $119M |
| Cost & Expenses | $191M |
| OPERATING INCOME | $8M |
| Interest Income | $2M |
| Interest Expense | $12M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$500.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $9M |
| EBIT | $8M |
| EBITDA | $17M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$38M |
| Sales/Maturities of Investments | $79M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$25M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $201M |
| Short-Term Investments | $120M |
| Net Receivables | $80M |
| Inventory | $96M |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $531M |
| PP&E (Net) | $412M |
| Goodwill | $40M |
| Intangible Assets | $12M |
| Long-Term Investments | $61M |
| Tax Assets | $0 |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $577M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $36M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $58M |
| TOTAL CURRENT LIABILITIES | $130M |
| Long-Term Debt | $899M |
| Deferred Revenue NC | $900.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $919M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $738M |
| Retained Earnings | -$675M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $59M |
| Minority Interest | $0 |
| TOTAL EQUITY | $59M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $899M |
| Net Debt | $698M |
