| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $107M | $142M | — | -25.1% | — |
| Op. Income | -$11M | -$15M | — | 29.2% | — |
| Gross Margin | 45.8% | 42.3% | — | 3.5pp | — |
| Net Margin | -10.2% | -11.0% | — | 0.7pp | — |
| EPS (Diluted) | $-0.05 | $-0.07 | — | 30.3% | — |
| Free Cash Flow | -$17M | $0 | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $107M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $49M |
| R&D Expenses | $7M |
| Selling & Marketing | $33M |
| General & Administrative | $21M |
| SG&A Expenses | $53M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $118M |
| OPERATING INCOME | -$11M |
| Interest Income | $200.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $200.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $100.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $2M |
| EBIT | -$11M |
| EBITDA | -$9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$29M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $151M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $25M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $204M |
| PP&E (Net) | $36M |
| Goodwill | $4M |
| Intangible Assets | $25M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $68M |
| TOTAL ASSETS | $271M |
| Account Payables | $28M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $134M |
| TOTAL CURRENT LIABILITIES | $170M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $170M |
| Common Stock | $0 |
| Additional Paid-In Capital | $21M |
| Retained Earnings | -$336M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $91M |
| Minority Interest | $0 |
| TOTAL EQUITY | $91M |
| TOTAL LIABILITIES & EQUITY | $261M |
| Total Debt | $0 |
| Net Debt | -$151M |
