| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $493M | $396M | $62M | 24.5% | 697.2% |
| Op. Income | -$185M | -$970M | -$34M | 80.9% | -441.6% |
| Gross Margin | 77.0% | 85.7% | 55.9% | -8.7pp | 21.2pp |
| Net Margin | -32.6% | -239.7% | -52.3% | 207.1pp | 19.8pp |
| EPS (Diluted) | $-0.18 | $-0.85 | $-0.04 | 79.5% | -361.5% |
| Free Cash Flow | $36M | $52M | -$101M | -29.3% | 136.3% |
| Item | Amount |
|---|---|
| REVENUE | $493M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $380M |
| R&D Expenses | $49M |
| Selling & Marketing | $472M |
| General & Administrative | $45M |
| SG&A Expenses | $517M |
| Other Expenses | $0 |
| Operating Expenses | $565M |
| Cost & Expenses | $678M |
| OPERATING INCOME | -$185M |
| Interest Income | $24M |
| Interest Expense | $0 |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | -$160M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$160M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$160M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$160M |
| D&A | $17M |
| EBIT | -$185M |
| EBITDA | -$169M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$160M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $70M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $127M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$908M |
| NET CASH FROM INVESTING | -$908M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.7B |
| NET CASH FROM FINANCING | $1.7B |
| FREE CASH FLOW | $36M |
| Net Change in Cash | $866M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $1.1B |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | $1.7B |
| TOTAL CURRENT ASSETS | $5.0B |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $401M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $403M |
| TOTAL ASSETS | $5.4B |
| Account Payables | $1.6B |
| Short-Term Debt | $0 |
| Deferred Revenue | $24M |
| Other Current Liabilities | $614M |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $20.7K |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $144M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $0 |
| Net Debt | -$2.2B |
