| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $28M | $1.1B | -17.4% | -97.9% |
| Op. Income | -$111M | -$121M | $974M | 8.1% | -111.4% |
| Gross Margin | 78.5% | 80.7% | 99.5% | -2.2pp | -21.0pp |
| Net Margin | -471.4% | -419.9% | 89.3% | -51.5pp | -560.7pp |
| EPS (Diluted) | $-9.45 | $-10.20 | $79.95 | 7.4% | -111.8% |
| Free Cash Flow | -$66M | -$87M | $957M | 24.2% | -106.9% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $18M |
| R&D Expenses | $107M |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $129M |
| Cost & Expenses | $134M |
| OPERATING INCOME | -$111M |
| Interest Income | $12M |
| Interest Expense | $11M |
| Other Income/Expenses | $783.0K |
| INCOME BEFORE TAX | -$110M |
| Income Tax Expense | -$278.0K |
| Net Income from Continuing Ops | -$110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$110M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$110M |
| D&A | $3M |
| EBIT | -$99M |
| EBITDA | -$96M |
| EPS | -$9 |
| EPS Diluted | -$9 |
| Item | Amount |
|---|---|
| Net Income | -$110M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $35M |
| OPERATING CASH FLOW | -$54M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$235M |
| Sales/Maturities of Investments | $272M |
| Other Investing Activities | $37M |
| NET CASH FROM INVESTING | $25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$66M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $85M |
| Short-Term Investments | $1.4B |
| Net Receivables | $37M |
| Inventory | $13M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $148M |
| Goodwill | $77M |
| Intangible Assets | $0 |
| Long-Term Investments | $276M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $503M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $9M |
| Short-Term Debt | $4M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $67M |
| TOTAL CURRENT LIABILITIES | $113M |
| Long-Term Debt | $248M |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $78M |
| TOTAL NON-CURRENT LIABILITIES | $429M |
| TOTAL LIABILITIES | $542M |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | -$1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$788.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $346M |
| Net Debt | $261M |
