| Metric | FY 2018 | Prior Q | FY 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $231M | — | $393M | — | -41.2% |
| Op. Income | -$85M | — | $57M | — | -248.8% |
| Gross Margin | 74.3% | — | 78.1% | — | -3.8pp |
| Net Margin | -68.3% | — | -5.8% | — | -62.5pp |
| EPS (Diluted) | $-1.46 | — | $-0.17 | — | -758.8% |
| Free Cash Flow | $76M | — | $108M | — | -29.6% |
| Item | Amount |
|---|---|
| REVENUE | $231M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $172M |
| R&D Expenses | $158M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $98M |
| Other Expenses | $0 |
| Operating Expenses | $257M |
| Cost & Expenses | $316M |
| OPERATING INCOME | -$85M |
| Interest Income | $33M |
| Interest Expense | $16M |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | -$71M |
| Income Tax Expense | $87M |
| Net Income from Continuing Ops | -$158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$158M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$158M |
| D&A | $40M |
| EBIT | -$54M |
| EBITDA | -$14M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$158M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | $80M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $94M |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$282M |
| Sales/Maturities of Investments | $224M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$68M |
| Net Debt Issuance | -$82M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$128M |
| FREE CASH FLOW | $76M |
| Net Change in Cash | -$110M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $116M |
| Short-Term Investments | $162M |
| Net Receivables | $227M |
| Inventory | $7M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $528M |
| PP&E (Net) | $57M |
| Goodwill | $207M |
| Intangible Assets | $60M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $505M |
| TOTAL NON-CURRENT ASSETS | $833M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $19M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $69M |
| Long-Term Debt | $178M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $46M |
| TOTAL NON-CURRENT LIABILITIES | $280M |
| TOTAL LIABILITIES | $349M |
| Common Stock | $109.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$204M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $178M |
| Net Debt | $62M |
