| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $298M | $262M | $208M | 13.5% | 43.2% |
| Op. Income | -$323M | -$358M | -$462M | 9.6% | 30.0% |
| Gross Margin | 33.6% | 27.0% | -1.3% | 6.7pp | 35.0pp |
| Net Margin | -109.2% | -134.7% | -213.1% | 25.5pp | 103.9pp |
| EPS (Diluted) | $-0.25 | $-0.27 | $-0.36 | 7.4% | 30.6% |
| Free Cash Flow | -$159M | -$234M | -$220M | 32.2% | 27.9% |
| Item | Amount |
|---|---|
| REVENUE | $298M |
| Cost of Revenue | $198M |
| GROSS PROFIT | $100M |
| R&D Expenses | $204M |
| Selling & Marketing | $98M |
| General & Administrative | $122M |
| SG&A Expenses | $220M |
| Other Expenses | $0 |
| Operating Expenses | $424M |
| Cost & Expenses | $621M |
| OPERATING INCOME | -$323M |
| Interest Income | $7M |
| Interest Expense | $919.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$325M |
| Income Tax Expense | $244.0K |
| Net Income from Continuing Ops | -$325M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$325M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$325M |
| D&A | $25M |
| EBIT | -$324M |
| EBITDA | -$299M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$325M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $127M |
| Deferred Income Tax | -$124.0K |
| Other Non-Cash Items | $38M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$133M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$445M |
| Sales/Maturities of Investments | $560M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $90M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $142.0K |
| NET CASH FROM FINANCING | $142.0K |
| FREE CASH FLOW | -$159M |
| Net Change in Cash | -$43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $350M |
| Short-Term Investments | $1.1B |
| Net Receivables | $262M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $217M |
| Goodwill | $634M |
| Intangible Assets | $136M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $71M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $286M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $114M |
| TOTAL NON-CURRENT LIABILITIES | $114M |
| TOTAL LIABILITIES | $400M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $8.1B |
| Retained Earnings | -$5.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $0 |
| Net Debt | -$350M |
