| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $262M | $231M | $182M | 13.7% | 44.4% |
| Op. Income | -$358M | -$393M | -$449M | 8.8% | 20.3% |
| Gross Margin | 27.0% | 14.7% | 16.3% | 12.3pp | 10.7pp |
| Net Margin | -134.7% | -167.2% | -243.9% | 32.5pp | 109.2pp |
| EPS (Diluted) | $-0.27 | $-0.30 | $-0.36 | 10.0% | 25.0% |
| Free Cash Flow | -$234M | -$268M | -$237M | 12.7% | 1.0% |
| Item | Amount |
|---|---|
| REVENUE | $262M |
| Cost of Revenue | $192M |
| GROSS PROFIT | $71M |
| R&D Expenses | $203M |
| Selling & Marketing | $102M |
| General & Administrative | $124M |
| SG&A Expenses | $225M |
| Other Expenses | $0 |
| Operating Expenses | $429M |
| Cost & Expenses | $620M |
| OPERATING INCOME | -$358M |
| Interest Income | $7M |
| Interest Expense | $930.0K |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | -$352M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$353M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$353M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$353M |
| D&A | $23M |
| EBIT | -$351M |
| EBITDA | -$329M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$353M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $156M |
| Deferred Income Tax | $17.0K |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | -$199M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$418M |
| Sales/Maturities of Investments | $579M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $123M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$234M |
| Net Change in Cash | -$74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $393M |
| Short-Term Investments | $1.2B |
| Net Receivables | $245M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $214M |
| Goodwill | $635M |
| Intangible Assets | $147M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $85M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $23M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $279M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $87M |
| TOTAL NON-CURRENT LIABILITIES | $87M |
| TOTAL LIABILITIES | $367M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $8.0B |
| Retained Earnings | -$5.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $0 |
| Net Debt | -$393M |
