| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $396M | — | $15M | — | 2489.5% |
| Op. Income | -$970M | — | -$18M | — | -5306.8% |
| Gross Margin | 85.7% | — | -2.9% | — | 88.5pp |
| Net Margin | -239.7% | — | -104.7% | — | -135.0pp |
| EPS (Diluted) | $-0.85 | — | $-0.02 | — | -4392.3% |
| Free Cash Flow | $52M | — | $188M | — | -72.5% |
| Item | Amount |
|---|---|
| REVENUE | $396M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $339M |
| R&D Expenses | $27M |
| Selling & Marketing | $434M |
| General & Administrative | $848M |
| SG&A Expenses | $1.3B |
| Other Expenses | $0 |
| Operating Expenses | $1.3B |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | -$970M |
| Interest Income | $20M |
| Interest Expense | $0 |
| Other Income/Expenses | $21M |
| INCOME BEFORE TAX | -$949M |
| Income Tax Expense | $0 |
| NET INCOME | -$949M |
| D&A | $14M |
| EBIT | -$970M |
| EBITDA | -$956M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$949M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $850M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$112M |
| Change in Working Capital | $236M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$41M |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$553.6K |
| NET CASH FROM FINANCING | -$553.6K |
| FREE CASH FLOW | $52M |
| Net Change in Cash | $58M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $190M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $407M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $409M |
| TOTAL ASSETS | $3.4B |
| Account Payables | $1.4B |
| Short-Term Debt | $0 |
| Deferred Revenue | $15M |
| Other Current Liabilities | $510M |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $9.1K |
| Additional Paid-In Capital | $855M |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $58M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $0 |
| Net Debt | -$1.3B |
