| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $65M | $58M | -80.4% | -78.2% |
| Op. Income | -$41M | $17M | $20M | -344.9% | -299.0% |
| Gross Margin | -631.3% | 44.8% | 52.3% | -676.2pp | -683.6pp |
| Net Margin | -320.7% | 25.6% | 35.2% | -346.3pp | -355.9pp |
| EPS (Diluted) | $-1.03 | $0.42 | $0.52 | -345.2% | -298.1% |
| Free Cash Flow | -$353M | -$170M | -$116M | -107.5% | -204.8% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $93M |
| GROSS PROFIT | -$80M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | -$45M |
| Operating Expenses | -$39M |
| Cost & Expenses | $53M |
| OPERATING INCOME | -$41M |
| Interest Income | $65M |
| Interest Expense | $38M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$41M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$41M |
| D&A | $651.0K |
| EBIT | -$41M |
| EBITDA | -$40M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$41M |
| Depreciation & Amortization | $651.0K |
| Stock-Based Compensation | $464.0K |
| Deferred Income Tax | $82M |
| Other Non-Cash Items | -$27M |
| Change in Working Capital | -$367M |
| OPERATING CASH FLOW | -$352M |
| Capital Expenditure | -$639.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | $451M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $32M |
| NET CASH FROM FINANCING | $466M |
| FREE CASH FLOW | -$353M |
| Net Change in Cash | $116M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $793M |
| Short-Term Investments | $0 |
| Net Receivables | $50M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $843M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $5.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $5.7B |
| TOTAL ASSETS | $6.6B |
| Account Payables | $29M |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $62M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $5.6B |
| Common Stock | $280M |
| Additional Paid-In Capital | $120M |
| Retained Earnings | $445M |
| Treasury Stock | -$61M |
| Accum. Other Comp. Income | $206M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $989M |
| Minority Interest | $0 |
| TOTAL EQUITY | $989M |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $2.7B |
| Net Debt | $1.9B |
