| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $231M | $286M | — | -19.3% | — |
| Op. Income | -$393M | -$361M | — | -8.7% | — |
| Gross Margin | 14.7% | 33.1% | — | -18.4pp | — |
| Net Margin | -167.2% | -122.5% | — | -44.7pp | — |
| EPS (Diluted) | $-0.30 | $-0.28 | — | -7.1% | — |
| Free Cash Flow | -$268M | -$197M | -$173M | -36.0% | -55.1% |
| Item | Amount |
|---|---|
| REVENUE | $231M |
| Cost of Revenue | $197M |
| GROSS PROFIT | $34M |
| R&D Expenses | $201M |
| Selling & Marketing | $102M |
| General & Administrative | $123M |
| SG&A Expenses | $225M |
| Other Expenses | $0 |
| Operating Expenses | $426M |
| Cost & Expenses | $623M |
| OPERATING INCOME | -$393M |
| Interest Income | $6M |
| Interest Expense | $934.0K |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | -$384M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$386M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$386M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$386M |
| D&A | $22M |
| EBIT | -$383M |
| EBITDA | -$362M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$386M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $133M |
| Deferred Income Tax | $236.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$232M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$477M |
| Sales/Maturities of Investments | $833M |
| Other Investing Activities | -$60.0K |
| NET CASH FROM INVESTING | $319M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$551.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $46M |
| NET CASH FROM FINANCING | $45M |
| FREE CASH FLOW | -$268M |
| Net Change in Cash | $133M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $466M |
| Short-Term Investments | $1.4B |
| Net Receivables | $231M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $191M |
| Goodwill | $646M |
| Intangible Assets | $157M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $78M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $29M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $301M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $89M |
| TOTAL NON-CURRENT LIABILITIES | $89M |
| TOTAL LIABILITIES | $390M |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $7.8B |
| Retained Earnings | -$5.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $0 |
| Net Debt | -$466M |
