| Metric | FY 2019 | Prior Q | FY 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $743M | — | $595M | — | 24.7% |
| Op. Income | -$576M | — | -$623M | — | 7.5% |
| Gross Margin | 67.4% | — | 72.2% | — | -4.9pp |
| Net Margin | -78.1% | — | -97.4% | — | 19.4pp |
| EPS (Diluted) | $-0.82 | — | $-0.89 | — | 7.9% |
| Free Cash Flow | -$178M | — | -$52M | — | -242.8% |
| Item | Amount |
|---|---|
| REVENUE | $743M |
| Cost of Revenue | $242M |
| GROSS PROFIT | $500M |
| R&D Expenses | $306M |
| Selling & Marketing | $450M |
| General & Administrative | $321M |
| SG&A Expenses | $771M |
| Other Expenses | $0 |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | -$576M |
| Interest Income | $15M |
| Interest Expense | $3M |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | -$567M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | -$580M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$580M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$588M |
| D&A | $12M |
| EBIT | -$564M |
| EBITDA | -$552M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$580M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $242M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $26M |
| Change in Working Capital | $141M |
| OPERATING CASH FLOW | -$165M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $394M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$59M |
| NET CASH FROM FINANCING | $325M |
| FREE CASH FLOW | -$178M |
| Net Change in Cash | $135M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $50M |
| Inventory | $0 |
| Other Current Assets | $52M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $32M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $26M |
| Tax Assets | $0 |
| Other Non-Current Assets | $322M |
| TOTAL NON-CURRENT ASSETS | $380M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $52M |
| Short-Term Debt | $0 |
| Deferred Revenue | $550M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $729M |
| Long-Term Debt | $396M |
| Deferred Revenue NC | $245M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.2B |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $588.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$3.8B |
| Treasury Stock | -$39M |
| Accum. Other Comp. Income | -$703.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2.0B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $396M |
| Net Debt | -$683M |
