| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $292M | $298M | $262M | -1.9% | 11.5% |
| Op. Income | -$29M | -$5M | -$42M | -533.8% | 30.9% |
| Gross Margin | 1.1% | 10.6% | 1.6% | -9.5pp | -0.5pp |
| Net Margin | -7.9% | -0.8% | -11.2% | -7.1pp | 3.3pp |
| EPS (Diluted) | $-0.93 | $-0.09 | $-1.17 | -933.3% | 20.5% |
| Free Cash Flow | $33M | $13M | $32M | 153.3% | 4.3% |
| Item | Amount |
|---|---|
| REVENUE | $292M |
| Cost of Revenue | $289M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $32M |
| Operating Expenses | $32M |
| Cost & Expenses | $321M |
| OPERATING INCOME | -$29M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $7M |
| EBIT | -$29M |
| EBITDA | -$22M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $904.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$851.0K |
| Change in Working Capital | $52M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$89M |
| Sales/Maturities of Investments | $65M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $121M |
| Short-Term Investments | $175.0K |
| Net Receivables | $358M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $479M |
| PP&E (Net) | $117M |
| Goodwill | $15M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $140M |
| TOTAL ASSETS | $3.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $140M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $21M |
| Other Non-Current Liabilities | $1.9B |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $25.0K |
| Additional Paid-In Capital | $200M |
| Retained Earnings | $697M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $910M |
| Minority Interest | $0 |
| TOTAL EQUITY | $910M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $0 |
| Net Debt | -$121M |
