| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $182M | — | $72M | — | 153.0% |
| Op. Income | -$449M | — | -$116M | — | -287.6% |
| Gross Margin | 16.3% | — | -32.0% | — | 48.2pp |
| Net Margin | -243.9% | — | -161.4% | — | -82.5pp |
| EPS (Diluted) | $-0.36 | — | $-0.11 | — | -227.3% |
| Free Cash Flow | -$237M | -$173M | -$151M | -36.8% | -57.2% |
| Item | Amount |
|---|---|
| REVENUE | $182M |
| Cost of Revenue | $152M |
| GROSS PROFIT | $30M |
| R&D Expenses | $256M |
| Selling & Marketing | $91M |
| General & Administrative | $132M |
| SG&A Expenses | $223M |
| Other Expenses | $0 |
| Operating Expenses | $479M |
| Cost & Expenses | $631M |
| OPERATING INCOME | -$449M |
| Interest Income | $6M |
| Interest Expense | $998.0K |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | -$443M |
| Income Tax Expense | $212.0K |
| Net Income from Continuing Ops | -$443M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$443M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$443M |
| D&A | $13M |
| EBIT | -$442M |
| EBITDA | -$429M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$443M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $245M |
| Deferred Income Tax | -$277.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | -$210M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | -$206M |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $840M |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$720M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$237M |
| Net Change in Cash | -$935M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $502M |
| Short-Term Investments | $2.3B |
| Net Receivables | $172M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $128M |
| Goodwill | $503M |
| Intangible Assets | $136M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $62M |
| TOTAL NON-CURRENT ASSETS | $829M |
| TOTAL ASSETS | $3.9B |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $258M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $76M |
| TOTAL NON-CURRENT LIABILITIES | $76M |
| TOTAL LIABILITIES | $335M |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $7.4B |
| Retained Earnings | -$3.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $0 |
| Net Debt | -$502M |
