| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | $57M | $69M | 4.4% | -12.6% |
| Op. Income | -$13M | -$23M | -$4M | 41.6% | -214.3% |
| Gross Margin | 62.9% | 66.8% | 82.9% | -3.9pp | -20.0pp |
| Net Margin | -15.9% | -30.2% | -2.9% | 14.3pp | -13.0pp |
| EPS (Diluted) | $-0.09 | $-0.16 | $-0.02 | 46.3% | -361.8% |
| Free Cash Flow | $33M | $24M | $32M | 36.3% | 4.1% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $38M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $73M |
| OPERATING INCOME | -$13M |
| Interest Income | $6M |
| Interest Expense | $3M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $34.0K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $11M |
| EBIT | -$7M |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $302.0K |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $34M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $31M |
| Purchases of Investments | -$194M |
| Sales/Maturities of Investments | $134M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $102M |
| Short-Term Investments | $305M |
| Net Receivables | $228M |
| Inventory | $10M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $665M |
| PP&E (Net) | $83M |
| Goodwill | $183M |
| Intangible Assets | $55M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $353M |
| TOTAL NON-CURRENT ASSETS | $679M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $12M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $86M |
| Long-Term Debt | $149M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $79M |
| TOTAL NON-CURRENT LIABILITIES | $282M |
| TOTAL LIABILITIES | $368M |
| Common Stock | $112.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$290M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$92.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $975M |
| Minority Interest | $0 |
| TOTAL EQUITY | $975M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $195M |
| Net Debt | $93M |
