| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | -$16M | -$108M | -$58M | 84.9% | 72.1% |
| Op. Income | -$30M | -$125M | -$74M | 75.7% | 59.0% |
| Gross Margin | 158.8% | 111.8% | 122.6% | 46.9pp | 36.2pp |
| Net Margin | 186.7% | 116.2% | 127.0% | 70.5pp | 59.7pp |
| EPS (Diluted) | $-0.65 | $-2.67 | $-1.56 | 75.7% | 58.3% |
| Free Cash Flow | $61M | $165M | $179M | -63.3% | -66.1% |
| Item | Amount |
|---|---|
| REVENUE | -$16M |
| Cost of Revenue | $10M |
| GROSS PROFIT | -$26M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | -$134.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$30M |
| Interest Income | $32M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$30M |
| D&A | $0 |
| EBIT | -$30M |
| EBITDA | -$30M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$30M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $126M |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$200M |
| Sales/Maturities of Investments | $74M |
| Other Investing Activities | $126M |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$51M |
| Common Stock Repurchased | -$294.0K |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$75M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $0 |
| Net Receivables | $23M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $69M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $623M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $45M |
| TOTAL NON-CURRENT LIABILITIES | $668M |
| TOTAL LIABILITIES | $675M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$24M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$737M |
| TOTAL STOCKHOLDERS' EQUITY | $820M |
| Minority Interest | $0 |
| TOTAL EQUITY | $820M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $623M |
| Net Debt | $578M |
