| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $902M | $723M | 12.1% | 39.7% |
| Op. Income | -$379M | -$194M | -$156M | -95.1% | -142.9% |
| Gross Margin | -10.7% | 1.0% | 1.1% | -11.7pp | -11.8pp |
| Net Margin | -45.4% | -34.0% | -21.2% | -11.4pp | -24.2pp |
| EPS (Diluted) | $-0.64 | $-0.46 | $-0.21 | -39.4% | -202.1% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | -$108M |
| R&D Expenses | $82M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $189M |
| Other Expenses | $538.1K |
| Operating Expenses | $270M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | -$379M |
| Interest Income | $10M |
| Interest Expense | $2M |
| Other Income/Expenses | -$79M |
| INCOME BEFORE TAX | -$457M |
| Income Tax Expense | -$885.2K |
| Net Income from Continuing Ops | -$457M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$459M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$459M |
| D&A | $10M |
| EBIT | -$455M |
| EBITDA | -$368M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$459M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $459M |
| 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 | $852M |
| Short-Term Investments | $562M |
| Net Receivables | $472M |
| Inventory | $0 |
| Other Current Assets | $603M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $216M |
| Goodwill | $568M |
| Intangible Assets | $1.8B |
| Long-Term Investments | $337M |
| Tax Assets | $2M |
| Other Non-Current Assets | $594M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $1.5B |
| Short-Term Debt | $173M |
| Deferred Revenue | $344M |
| Other Current Liabilities | $416M |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $192M |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $259M |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $46.8K |
| Additional Paid-In Capital | $5.8B |
| Retained Earnings | -$2.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $275M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $12M |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $213M |
| Net Debt | -$639M |
