| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $95M | $116M | $121M | -17.8% | -21.1% |
| Op. Income | -$14M | -$10M | $1M | -45.1% | -1369.4% |
| Gross Margin | 37.4% | 37.0% | 43.1% | 0.4pp | -5.7pp |
| Net Margin | -25.1% | -8.8% | -1.6% | -16.3pp | -23.5pp |
| EPS (Diluted) | $-13.58 | $-5.80 | $-1.20 | -134.1% | -1031.7% |
| Free Cash Flow | -$9M | $4M | -$2M | -342.3% | -459.2% |
| Item | Amount |
|---|---|
| REVENUE | $95M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $36M |
| R&D Expenses | $9M |
| Selling & Marketing | $23M |
| General & Administrative | $16M |
| SG&A Expenses | $38M |
| Other Expenses | $382.0K |
| Operating Expenses | $47M |
| Cost & Expenses | $107M |
| OPERATING INCOME | -$14M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$24M |
| Income Tax Expense | $48.0K |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $1M |
| EBIT | -$26M |
| EBITDA | -$15M |
| EPS | -$14 |
| EPS Diluted | -$14 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $811.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$524.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $10.0K |
| Other Investing Activities | -$4.0K |
| NET CASH FROM INVESTING | -$518.0K |
| Net Debt Issuance | $416.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$15.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $96M |
| Inventory | $56M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $178M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $138.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $203M |
| Account Payables | $63M |
| Short-Term Debt | $8M |
| Deferred Revenue | $97M |
| Other Current Liabilities | $105M |
| TOTAL CURRENT LIABILITIES | $207M |
| Long-Term Debt | $116M |
| Deferred Revenue NC | $39M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $50M |
| TOTAL NON-CURRENT LIABILITIES | $169M |
| TOTAL LIABILITIES | $376M |
| Common Stock | $354.0K |
| Additional Paid-In Capital | $482M |
| Retained Earnings | -$655M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$274.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$173M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$173M |
| TOTAL LIABILITIES & EQUITY | $203M |
| Total Debt | $123M |
| Net Debt | $113M |
