| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $250M | $205M | -$64M | 21.8% | 489.9% |
| Op. Income | $29M | -$15M | -$306M | 289.5% | 109.5% |
| Gross Margin | 12.4% | 0.5% | 463.4% | 11.8pp | -451.0pp |
| Net Margin | 11.9% | -7.4% | 465.3% | 19.3pp | -453.4pp |
| EPS (Diluted) | $0.32 | $-0.16 | $-3.24 | 300.0% | 109.9% |
| Free Cash Flow | $44M | -$1M | -$9M | 4105.0% | 599.2% |
| Item | Amount |
|---|---|
| REVENUE | $250M |
| Cost of Revenue | $219M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | -$11M |
| Operating Expenses | $2M |
| Cost & Expenses | $221M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | -$718.0K |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $127.0K |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $0 |
| EBIT | $31M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $250M |
| Cost of Revenue | $219M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | -$11M |
| Operating Expenses | $2M |
| Cost & Expenses | $221M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | -$718.0K |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $127.0K |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $0 |
| EBIT | $31M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $755.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$32M |
| Change in Working Capital | $46M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$500.0K |
| Sales/Maturities of Investments | $97M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $96M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | $144M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $639M |
| Short-Term Investments | $0 |
| Net Receivables | $604M |
| Inventory | $0 |
| Other Current Assets | -$1.3B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $125M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$125M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $3.4B |
| Account Payables | $100M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$103M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $114M |
| Deferred Revenue NC | $167.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$114M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $9M |
| Additional Paid-In Capital | $928M |
| Retained Earnings | $477M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $114M |
| Net Debt | -$525M |
