| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $569M | $579M | $498M | -1.9% | 14.2% |
| Op. Income | -$655M | $98M | $81M | -767.7% | -911.5% |
| Gross Margin | 93.8% | 93.1% | 93.8% | 0.8pp | 0.1pp |
| Net Margin | -126.8% | 19.2% | 20.6% | -145.9pp | -147.3pp |
| EPS (Diluted) | $-3.33 | $0.51 | $0.47 | -752.9% | -808.5% |
| Free Cash Flow | -$723M | $102M | $137M | -806.4% | -626.0% |
| Item | Amount |
|---|---|
| REVENUE | $569M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $533M |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $103M |
| Other Expenses | $0 |
| Operating Expenses | $1.2B |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | -$655M |
| Interest Income | $0 |
| Interest Expense | $602.0K |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | -$704M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | -$721M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$721M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$721M |
| D&A | $13M |
| EBIT | -$703M |
| EBITDA | -$690M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$721M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $43M |
| Deferred Income Tax | $48M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$73M |
| OPERATING CASH FLOW | -$683M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | $39M |
| Purchases of Investments | -$243M |
| Sales/Maturities of Investments | $174M |
| Other Investing Activities | -$39M |
| NET CASH FROM INVESTING | -$109M |
| Net Debt Issuance | -$187.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$723M |
| Net Change in Cash | -$788M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $259M |
| Net Receivables | $352M |
| Inventory | $14M |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $439M |
| Goodwill | $156M |
| Intangible Assets | $188M |
| Long-Term Investments | $181M |
| Tax Assets | $0 |
| Other Non-Current Assets | $73M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $61M |
| Short-Term Debt | $19M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $249M |
| TOTAL CURRENT LIABILITIES | $503M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $279M |
| TOTAL NON-CURRENT LIABILITIES | $311M |
| TOTAL LIABILITIES | $815M |
| Common Stock | $217.0K |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | -$2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $60M |
| Net Debt | -$983M |
