| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | — | — | — | — |
| Op. Income | -$337M | — | — | — | — |
| Gross Margin | 67.3% | — | — | — | — |
| Net Margin | -788.4% | — | — | — | — |
| EPS (Diluted) | $-2.59 | — | — | — | — |
| Free Cash Flow | -$49M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $29M |
| R&D Expenses | $281M |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $59.0K |
| Operating Expenses | $305M |
| Cost & Expenses | $320M |
| OPERATING INCOME | -$337M |
| Interest Income | $2M |
| Interest Expense | $4M |
| Other Income/Expenses | -$143M |
| INCOME BEFORE TAX | -$344M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$342M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$340M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$340M |
| D&A | $8M |
| EBIT | -$339M |
| EBITDA | -$331M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$342M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $312M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | -$37M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $3M |
| Sales/Maturities of Investments | $45M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $31M |
| Net Debt Issuance | $26M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $27M |
| FREE CASH FLOW | -$49M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $120M |
| Net Receivables | $28M |
| Inventory | $21M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $285M |
| PP&E (Net) | $129M |
| Goodwill | $150M |
| Intangible Assets | $129M |
| Long-Term Investments | $21M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $431M |
| TOTAL ASSETS | $716M |
| Account Payables | $12M |
| Short-Term Debt | $1M |
| Deferred Revenue | $16M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $62M |
| Long-Term Debt | $211M |
| Deferred Revenue NC | $54M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $276M |
| TOTAL LIABILITIES | $337M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $363M |
| Minority Interest | $16M |
| TOTAL EQUITY | $379M |
| TOTAL LIABILITIES & EQUITY | $716M |
| Total Debt | $212M |
| Net Debt | $109M |
