| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $233M | $222M | $252M | 5.1% | -7.7% |
| Op. Income | -$11M | -$20M | -$61M | 44.4% | 81.8% |
| Gross Margin | 71.3% | 66.0% | 60.0% | 5.3pp | 11.2pp |
| Net Margin | -4.6% | -9.0% | -24.1% | 4.4pp | 19.5pp |
| EPS (Diluted) | $-0.12 | $-0.23 | $-0.72 | 47.8% | 83.3% |
| Free Cash Flow | -$132M | $150M | -$238M | -187.6% | 44.6% |
| Item | Amount |
|---|---|
| REVENUE | $233M |
| Cost of Revenue | $67M |
| GROSS PROFIT | $166M |
| R&D Expenses | $0 |
| Selling & Marketing | $69M |
| General & Administrative | $64M |
| SG&A Expenses | $134M |
| Other Expenses | $43M |
| Operating Expenses | $177M |
| Cost & Expenses | $244M |
| OPERATING INCOME | -$11M |
| Interest Income | $93M |
| Interest Expense | $67M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | -$438.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $14M |
| EBIT | -$11M |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$125M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | -$120M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$33M |
| Sales/Maturities of Investments | $63M |
| Other Investing Activities | $167M |
| NET CASH FROM INVESTING | $185M |
| Net Debt Issuance | -$126M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$135M |
| FREE CASH FLOW | -$132M |
| Net Change in Cash | -$70M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $335M |
| Short-Term Investments | $220M |
| Net Receivables | $35M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $613M |
| PP&E (Net) | $222M |
| Goodwill | $0 |
| Intangible Assets | $16M |
| Long-Term Investments | $2.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $254M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $23M |
| Short-Term Debt | $649M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $723M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $13M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$182M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $876.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$548M |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $874M |
| Minority Interest | $696.0K |
| TOTAL EQUITY | $874M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $2.3B |
| Net Debt | $2.0B |
