| Metric | FY 2019 | Prior Q | FY 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $701M | — | $519M | — | 35.2% |
| Op. Income | -$426M | — | -$52M | — | -725.4% |
| Gross Margin | 72.5% | — | 77.2% | — | -4.6pp |
| Net Margin | -60.8% | — | -10.1% | — | -50.8pp |
| EPS (Diluted) | $-3.16 | — | $-1.62 | — | -95.1% |
| Free Cash Flow | $46M | — | $36M | — | 26.7% |
| Item | Amount |
|---|---|
| REVENUE | $701M |
| Cost of Revenue | $192M |
| GROSS PROFIT | $509M |
| R&D Expenses | $186M |
| Selling & Marketing | $540M |
| General & Administrative | $209M |
| SG&A Expenses | $749M |
| Other Expenses | $0 |
| Operating Expenses | $935M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | -$426M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$428M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$426M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$426M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$426M |
| D&A | $38M |
| EBIT | -$418M |
| EBITDA | -$380M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$426M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $411M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $52M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $76M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | -$219M |
| Purchases of Investments | -$415M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$664M |
| Net Debt Issuance | $561M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$287M |
| NET CASH FROM FINANCING | $853M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | $261M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $518M |
| Short-Term Investments | $251M |
| Net Receivables | $185M |
| Inventory | $0 |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $985M |
| PP&E (Net) | $76M |
| Goodwill | $195M |
| Intangible Assets | $74M |
| Long-Term Investments | $164M |
| Tax Assets | $0 |
| Other Non-Current Assets | $121M |
| TOTAL NON-CURRENT ASSETS | $631M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $381M |
| Other Current Liabilities | $80M |
| TOTAL CURRENT LIABILITIES | $516M |
| Long-Term Debt | $439M |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $485M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$929M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $614M |
| Minority Interest | $0 |
| TOTAL EQUITY | $614M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $439M |
| Net Debt | -$79M |
