| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $94M | $66M | — | 42.3% | — |
| Op. Income | -$159M | -$111M | — | -42.6% | — |
| Gross Margin | -6.6% | -10.1% | — | 3.5pp | — |
| Net Margin | -155.8% | -172.6% | — | 16.8pp | — |
| EPS (Diluted) | $-0.17 | $-0.13 | — | -28.9% | — |
| Free Cash Flow | -$123M | -$289M | — | 57.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $94M |
| Cost of Revenue | $100M |
| GROSS PROFIT | -$6M |
| R&D Expenses | $95M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $58M |
| Other Expenses | -$346.3K |
| Operating Expenses | $153M |
| Cost & Expenses | $252M |
| OPERATING INCOME | -$159M |
| Interest Income | $1M |
| Interest Expense | $1M |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | -$146M |
| Income Tax Expense | $146 |
| Net Income from Continuing Ops | -$146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$146M |
| Net Income Deductions | $135M |
| BOTTOM LINE NET INCOME | -$198M |
| D&A | $0 |
| EBIT | -$144M |
| EBITDA | -$144M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$146M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $19.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$50M |
| Change in Working Capital | $122M |
| OPERATING CASH FLOW | -$67M |
| Capital Expenditure | -$56M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $160M |
| NET CASH FROM INVESTING | $104M |
| Net Debt Issuance | -$78M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $277M |
| NET CASH FROM FINANCING | $199M |
| FREE CASH FLOW | -$123M |
| Net Change in Cash | $234M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $284M |
| Short-Term Investments | $60M |
| Net Receivables | $85M |
| Inventory | $66M |
| Other Current Assets | $201M |
| TOTAL CURRENT ASSETS | $725M |
| PP&E (Net) | $537M |
| Goodwill | $0 |
| Intangible Assets | $55M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $627M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $139M |
| Short-Term Debt | $70M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $173M |
| TOTAL CURRENT LIABILITIES | $482M |
| Long-Term Debt | $247M |
| Deferred Revenue NC | $17M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $3.1K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$997M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$869.1K |
| Other Equity | -$1.5B |
| TOTAL STOCKHOLDERS' EQUITY | -$998M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$998M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $383M |
| Net Debt | $99M |
