| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.0B | $901M | 1.7% | 15.2% |
| Op. Income | -$273M | -$296M | -$194M | 7.6% | -41.0% |
| Gross Margin | 1.8% | -4.1% | 1.0% | 5.9pp | 0.8pp |
| Net Margin | -32.7% | -26.0% | -34.0% | -6.8pp | 1.3pp |
| EPS (Diluted) | $-0.47 | $-0.37 | $-0.46 | -27.8% | -3.2% |
| Free Cash Flow | $130M | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $19M |
| R&D Expenses | $96M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $197M |
| Other Expenses | $0 |
| Operating Expenses | $292M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | -$273M |
| Interest Income | $19M |
| Interest Expense | $36M |
| Other Income/Expenses | -$62M |
| INCOME BEFORE TAX | -$336M |
| Income Tax Expense | $843.6K |
| Net Income from Continuing Ops | -$337M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$340M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$340M |
| D&A | $544M |
| EBIT | -$299M |
| EBITDA | $270M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$340M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $470M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $130M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.1B |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $54M |
| NET CASH FROM FINANCING | $54M |
| FREE CASH FLOW | $130M |
| Net Change in Cash | -$935M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $793M |
| Short-Term Investments | $1.3B |
| Net Receivables | $491M |
| Inventory | $321M |
| Other Current Assets | $1.1B |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $342M |
| Goodwill | $568M |
| Intangible Assets | $1.7B |
| Long-Term Investments | $373M |
| Tax Assets | $3M |
| Other Non-Current Assets | $675M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $7.3B |
| Account Payables | $1.4B |
| Short-Term Debt | $638M |
| Deferred Revenue | $335M |
| Other Current Liabilities | $352M |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $185M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $5.1B |
| Common Stock | $47.2K |
| Additional Paid-In Capital | $5.9B |
| Retained Earnings | -$4.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $268M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $20M |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $7.3B |
| Total Debt | $2.5B |
| Net Debt | $1.7B |
