| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $223M | $317M | $107M | -29.5% | 109.4% |
| Op. Income | -$49M | -$41M | -$11M | -19.3% | -353.2% |
| Gross Margin | 44.9% | 38.1% | 45.8% | 6.8pp | -1.0pp |
| Net Margin | -21.2% | -12.2% | -10.2% | -9.0pp | -11.0pp |
| EPS (Diluted) | $-0.20 | $-0.17 | $-0.05 | -17.6% | -328.3% |
| Free Cash Flow | -$68M | -$118M | -$17M | 42.4% | -312.7% |
| Item | Amount |
|---|---|
| REVENUE | $223M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $100M |
| R&D Expenses | $17M |
| Selling & Marketing | $78M |
| General & Administrative | $55M |
| SG&A Expenses | $133M |
| Other Expenses | $0 |
| Operating Expenses | $150M |
| Cost & Expenses | $273M |
| OPERATING INCOME | -$49M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$48M |
| Income Tax Expense | -$300.0K |
| Net Income from Continuing Ops | -$47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$100.0K |
| NET INCOME | -$47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$47M |
| D&A | $7M |
| EBIT | -$48M |
| EBITDA | -$41M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$47M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $100.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$33M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$46M |
| Sales/Maturities of Investments | $36M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$45M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$68M |
| Net Change in Cash | -$73M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $162M |
| Short-Term Investments | $216M |
| Net Receivables | $19M |
| Inventory | $137M |
| Other Current Assets | $100.0K |
| TOTAL CURRENT ASSETS | $582M |
| PP&E (Net) | $250M |
| Goodwill | $4M |
| Intangible Assets | $20M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $283M |
| TOTAL ASSETS | $865M |
| Account Payables | $92M |
| Short-Term Debt | $0 |
| Deferred Revenue | $91M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $291M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $171M |
| TOTAL NON-CURRENT LIABILITIES | $171M |
| TOTAL LIABILITIES | $462M |
| Common Stock | $0 |
| Additional Paid-In Capital | $91M |
| Retained Earnings | -$630M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $200.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $403M |
| Minority Interest | $0 |
| TOTAL EQUITY | $403M |
| TOTAL LIABILITIES & EQUITY | $865M |
| Total Debt | $0 |
| Net Debt | -$162M |
