| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.6B | $16.8B | $33.2B | -24.7% | -62.0% |
| Op. Income | -$21.3B | $4.8B | $3.3B | -540.2% | -753.9% |
| Gross Margin | 100.0% | 101.3% | 100.0% | -1.3pp | 0.0pp |
| Net Margin | -42.0% | 20.7% | 5.4% | -62.7pp | -47.4pp |
| EPS (Diluted) | $-1.30 | $0.75 | $0.44 | -273.3% | -395.5% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $12.6B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $12.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $20.1B |
| General & Administrative | $13.8B |
| SG&A Expenses | $33.9B |
| Other Expenses | $0 |
| Operating Expenses | $33.9B |
| Cost & Expenses | $33.9B |
| OPERATING INCOME | -$21.3B |
| Interest Income | $31.9B |
| Interest Expense | $0 |
| Other Income/Expenses | $17.4B |
| INCOME BEFORE TAX | -$3.9B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | -$5.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5.5B |
| D&A | $0 |
| EBIT | $0 |
| EBITDA | $0 |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$5.3B |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $551M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4.8B |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $173.9B |
| Short-Term Investments | $0 |
| Net Receivables | $10.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $193.1B |
| PP&E (Net) | $14.7B |
| Goodwill | $5.6B |
| Intangible Assets | $14.6B |
| Long-Term Investments | $1.0T |
| Tax Assets | $0 |
| Other Non-Current Assets | -$1.0T |
| TOTAL NON-CURRENT ASSETS | $1.0T |
| TOTAL ASSETS | $2.7T |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$2.1B |
| TOTAL CURRENT LIABILITIES | $11.8B |
| Long-Term Debt | $272.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$272.4B |
| TOTAL NON-CURRENT LIABILITIES | $2.5T |
| TOTAL LIABILITIES | $2.5T |
| Common Stock | $10.3B |
| Additional Paid-In Capital | $14.0B |
| Retained Earnings | $136.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $23.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $184.0B |
| Minority Interest | $8.7B |
| TOTAL EQUITY | $192.7B |
| TOTAL LIABILITIES & EQUITY | $2.7T |
| Total Debt | $272.4B |
| Net Debt | $98.5B |
