| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.5B | — | $3.1B | — | 15.4% |
| Op. Income | -$137M | — | $667M | — | -120.5% |
| Gross Margin | 38.5% | — | 52.6% | — | -14.1pp |
| Net Margin | -1.4% | — | 32.0% | — | -33.4pp |
| EPS (Diluted) | $-0.14 | — | $2.78 | — | -105.0% |
| Free Cash Flow | -$191M | — | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $608M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $884M |
| Other Expenses | $0 |
| Operating Expenses | $1.5B |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | -$137M |
| Interest Income | $156M |
| Interest Expense | $101M |
| Other Income/Expenses | $131M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | -$48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$48M |
| D&A | $219M |
| EBIT | $96M |
| EBITDA | $315M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$48M |
| Depreciation & Amortization | $219M |
| Stock-Based Compensation | $176M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $290M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $242M |
| Capital Expenditure | -$434M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$678M |
| NET CASH FROM INVESTING | -$678M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.2B |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | -$191M |
| Net Change in Cash | $692M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.7B |
| Short-Term Investments | $15.9B |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $23.0B |
| PP&E (Net) | $2.9B |
| Goodwill | $2.8B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $11.8B |
| Tax Assets | $335M |
| Other Non-Current Assets | $3.0B |
| TOTAL NON-CURRENT ASSETS | $22.1B |
| TOTAL ASSETS | $45.1B |
| Account Payables | $4.9B |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $1.4B |
| Other Current Liabilities | $294M |
| TOTAL CURRENT LIABILITIES | $8.4B |
| Long-Term Debt | $8.8B |
| Deferred Revenue NC | $173M |
| Deferred Tax Liabilities | $606M |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $10.9B |
| TOTAL LIABILITIES | $19.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $5.1B |
| Retained Earnings | $18.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23.9B |
| Minority Interest | $2.0B |
| TOTAL EQUITY | $25.9B |
| TOTAL LIABILITIES & EQUITY | $45.1B |
| Total Debt | $10.4B |
| Net Debt | $5.6B |
