| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $295M | $334M | $389M | -11.6% | -24.0% |
| Op. Income | -$33M | -$4M | -$5M | -776.3% | -608.5% |
| Gross Margin | 30.6% | 34.7% | 33.0% | -4.1pp | -2.4pp |
| Net Margin | -15.7% | 2.0% | -0.4% | -17.7pp | -15.3pp |
| EPS (Diluted) | $-1.35 | $0.19 | $-0.04 | -810.5% | -3039.5% |
| Free Cash Flow | $37M | $41M | $1M | -8.3% | 2776.9% |
| Item | Amount |
|---|---|
| REVENUE | $295M |
| Cost of Revenue | $205M |
| GROSS PROFIT | $90M |
| R&D Expenses | $84M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $13M |
| Operating Expenses | $124M |
| Cost & Expenses | $328M |
| OPERATING INCOME | -$33M |
| Interest Income | $4M |
| Interest Expense | $11M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$37M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | -$46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$500.0K |
| NET INCOME | -$46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$46M |
| D&A | $26M |
| EBIT | -$27M |
| EBITDA | -$200.0K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$46M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $51M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$41M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$500.0K |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $328M |
| Short-Term Investments | $0 |
| Net Receivables | $230M |
| Inventory | $159M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $731M |
| PP&E (Net) | $103M |
| Goodwill | $373M |
| Intangible Assets | $145M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $679M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $98M |
| Short-Term Debt | $0 |
| Deferred Revenue | $52M |
| Other Current Liabilities | $34M |
| TOTAL CURRENT LIABILITIES | $254M |
| Long-Term Debt | $468M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $499M |
| TOTAL LIABILITIES | $753M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $584M |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $657M |
| Minority Interest | $0 |
| TOTAL EQUITY | $657M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $468M |
| Net Debt | $141M |
