| Metric | FY 2019 | Prior Q | FY 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $979M | — | $981M | — | -0.2% |
| Op. Income | -$31M | — | -$128M | — | 75.9% |
| Gross Margin | 74.7% | — | 60.7% | — | 14.1pp |
| Net Margin | -3.1% | — | -13.1% | — | 9.9pp |
| EPS (Diluted) | $-0.35 | — | $-1.52 | — | 77.0% |
| Free Cash Flow | -$321M | — | -$693M | — | 53.6% |
| Item | Amount |
|---|---|
| REVENUE | $979M |
| Cost of Revenue | $247M |
| GROSS PROFIT | $732M |
| R&D Expenses | $0 |
| Selling & Marketing | $235M |
| General & Administrative | $334M |
| SG&A Expenses | $569M |
| Other Expenses | $194M |
| Operating Expenses | $763M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | -$31M |
| Interest Income | $345M |
| Interest Expense | $247M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | -$201.0K |
| Net Income from Continuing Ops | -$31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$31M |
| D&A | $62M |
| EBIT | -$31M |
| EBITDA | $31M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$31M |
| Depreciation & Amortization | $62M |
| Stock-Based Compensation | $74M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$300M |
| Change in Working Capital | -$76M |
| OPERATING CASH FLOW | -$271M |
| Capital Expenditure | -$51M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$144M |
| Sales/Maturities of Investments | $237M |
| Other Investing Activities | $612M |
| NET CASH FROM INVESTING | $654M |
| Net Debt Issuance | -$513M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$29M |
| NET CASH FROM FINANCING | -$540M |
| FREE CASH FLOW | -$321M |
| Net Change in Cash | -$157M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $244M |
| Short-Term Investments | $271M |
| Net Receivables | $32M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $561M |
| PP&E (Net) | $208M |
| Goodwill | $0 |
| Intangible Assets | $15M |
| Long-Term Investments | $1.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $345M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $20M |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$398M |
| TOTAL NON-CURRENT LIABILITIES | $850M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $892.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$548M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$565.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $900M |
| Minority Interest | $0 |
| TOTAL EQUITY | $900M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $2.4B |
| Net Debt | $2.2B |
