| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $320M | $390M | $231M | -17.8% | 38.9% |
| Op. Income | -$316M | -$195M | -$393M | -62.3% | 19.5% |
| Gross Margin | 36.4% | 45.4% | 14.7% | -9.0pp | 21.7pp |
| Net Margin | -96.9% | -49.2% | -167.2% | -47.7pp | 70.4pp |
| EPS (Diluted) | $-0.23 | $-0.14 | $-0.30 | -64.3% | 23.3% |
| Free Cash Flow | -$78M | -$149M | -$268M | 47.6% | 70.9% |
| Item | Amount |
|---|---|
| REVENUE | $320M |
| Cost of Revenue | $204M |
| GROSS PROFIT | $117M |
| R&D Expenses | $216M |
| Selling & Marketing | $98M |
| General & Administrative | $119M |
| SG&A Expenses | $217M |
| Other Expenses | $0 |
| Operating Expenses | $433M |
| Cost & Expenses | $636M |
| OPERATING INCOME | -$316M |
| Interest Income | $8M |
| Interest Expense | $756.0K |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | -$310M |
| Income Tax Expense | $279.0K |
| Net Income from Continuing Ops | -$310M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$310M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$310M |
| D&A | $23M |
| EBIT | -$309M |
| EBITDA | -$286M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$310M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $163M |
| Deferred Income Tax | -$266.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $61M |
| OPERATING CASH FLOW | -$66M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$528M |
| Sales/Maturities of Investments | $459M |
| Other Investing Activities | $29.0K |
| NET CASH FROM INVESTING | -$81M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$78M |
| Net Change in Cash | -$142M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $246M |
| Short-Term Investments | $963M |
| Net Receivables | $282M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $480M |
| Goodwill | $630M |
| Intangible Assets | $115M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $68M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $32M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $323M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $337M |
| TOTAL LIABILITIES | $660M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $8.4B |
| Retained Earnings | -$6.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$68.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $375M |
| Net Debt | $130M |
