| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $222M | $239M | $240M | -7.3% | -7.7% |
| Op. Income | -$20M | -$13M | -$31M | -48.6% | 36.1% |
| Gross Margin | 66.0% | 65.2% | 53.8% | 0.8pp | 12.2pp |
| Net Margin | -9.0% | -5.6% | -13.0% | -3.4pp | 4.0pp |
| EPS (Diluted) | $-0.23 | $-0.16 | $-0.37 | -43.8% | 37.8% |
| Free Cash Flow | $150M | -$392M | $92.0K | 138.4% | 163296.7% |
| Item | Amount |
|---|---|
| REVENUE | $222M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | $67M |
| General & Administrative | $57M |
| SG&A Expenses | $123M |
| Other Expenses | $43M |
| Operating Expenses | $166M |
| Cost & Expenses | $241M |
| OPERATING INCOME | -$20M |
| Interest Income | $100M |
| Interest Expense | $75M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $16M |
| EBIT | -$20M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $247M |
| Change in Working Capital | -$95M |
| OPERATING CASH FLOW | $166M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$40M |
| Sales/Maturities of Investments | $53M |
| Other Investing Activities | $164M |
| NET CASH FROM INVESTING | $161M |
| Net Debt Issuance | -$400M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$401M |
| FREE CASH FLOW | $150M |
| Net Change in Cash | -$74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $402M |
| Short-Term Investments | $198M |
| Net Receivables | $38M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $661M |
| PP&E (Net) | $226M |
| Goodwill | $0 |
| Intangible Assets | $17M |
| Long-Term Investments | $2.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $246M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $40M |
| Short-Term Debt | $528M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $606M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$126M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $4M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$538M |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | $225.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $865M |
| Minority Interest | $1M |
| TOTAL EQUITY | $866M |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $2.6B |
| Net Debt | $2.2B |
