| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $255M | — | $277M | — | -7.8% |
| Op. Income | -$91M | — | -$32M | — | -181.3% |
| Gross Margin | 51.9% | — | 40.5% | — | 11.4pp |
| Net Margin | -36.0% | — | -11.7% | — | -24.4pp |
| EPS (Diluted) | $-1.11 | — | $-0.41 | — | -170.7% |
| Free Cash Flow | -$443M | — | -$5M | — | -9725.8% |
| Item | Amount |
|---|---|
| REVENUE | $255M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $60M |
| General & Administrative | $49M |
| SG&A Expenses | $109M |
| Other Expenses | $115M |
| Operating Expenses | $224M |
| Cost & Expenses | $347M |
| OPERATING INCOME | -$91M |
| Interest Income | $141M |
| Interest Expense | $123M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$91M |
| Income Tax Expense | $711.0K |
| Net Income from Continuing Ops | -$92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$92M |
| D&A | $14M |
| EBIT | -$91M |
| EBITDA | -$78M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$92M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$440M |
| Change in Working Capital | $72M |
| OPERATING CASH FLOW | -$430M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $169M |
| Other Investing Activities | $268M |
| NET CASH FROM INVESTING | $374M |
| Net Debt Issuance | $27M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $43M |
| NET CASH FROM FINANCING | $73M |
| FREE CASH FLOW | -$443M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $402M |
| Short-Term Investments | $118M |
| Net Receivables | $112M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $655M |
| PP&E (Net) | $102M |
| Goodwill | $36M |
| Intangible Assets | $22M |
| Long-Term Investments | $3.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $287M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $42M |
| Short-Term Debt | $64M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $128M |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $300M |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $4M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$389M |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | -$5.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $922M |
| Minority Interest | $5M |
| TOTAL EQUITY | $928M |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $3.3B |
| Net Debt | $2.9B |
