| Metric | FY 2019 | Prior Q | FY 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $254M | — | $270M | — | -6.0% |
| Op. Income | -$76M | — | -$29M | — | -160.8% |
| Gross Margin | 86.2% | — | 89.8% | — | -3.6pp |
| Net Margin | -31.0% | — | -10.6% | — | -20.4pp |
| EPS (Diluted) | $-0.87 | — | $-0.33 | — | -163.6% |
| Free Cash Flow | -$36M | — | $14M | — | -358.4% |
| Item | Amount |
|---|---|
| REVENUE | $254M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $219M |
| R&D Expenses | $81M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $214M |
| Other Expenses | $0 |
| Operating Expenses | $295M |
| Cost & Expenses | $330M |
| OPERATING INCOME | -$76M |
| Interest Income | $2M |
| Interest Expense | $205.0K |
| Other Income/Expenses | -$389.0K |
| INCOME BEFORE TAX | -$76M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$79M |
| D&A | $15M |
| EBIT | -$76M |
| EBITDA | -$61M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$79M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $60M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $11.0K |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $60M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $33M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$36M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $52M |
| Net Receivables | $76M |
| Inventory | $0 |
| Other Current Assets | $317.0K |
| TOTAL CURRENT ASSETS | $205M |
| PP&E (Net) | $91M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $113M |
| TOTAL ASSETS | $318M |
| Account Payables | $997.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $96M |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $160M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $65M |
| TOTAL LIABILITIES | $225M |
| Common Stock | $31.0K |
| Additional Paid-In Capital | $311M |
| Retained Earnings | -$217M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$449.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $94M |
| Minority Interest | $0 |
| TOTAL EQUITY | $94M |
| TOTAL LIABILITIES & EQUITY | $318M |
| Total Debt | $57M |
| Net Debt | -$12M |
