| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $126M | $182M | — | -30.4% | — |
| Op. Income | -$13M | $24M | — | -155.3% | — |
| Gross Margin | -2.5% | 22.0% | — | -24.5pp | — |
| Net Margin | -10.5% | 10.9% | — | -21.4pp | — |
| EPS (Diluted) | $-0.14 | $0.19 | — | -173.7% | — |
| Free Cash Flow | $9M | $50M | — | -82.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $130M |
| GROSS PROFIT | -$3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $712.0K |
| Operating Expenses | $10M |
| Cost & Expenses | $140M |
| OPERATING INCOME | -$13M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | -$111.0K |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $0 |
| EBIT | -$11M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | $269M |
| NET CASH FROM INVESTING | $98M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$73M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$63M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50M |
| Short-Term Investments | $0 |
| Net Receivables | $32M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $82M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $231M |
| Long-Term Investments | $1.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$231M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $80M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$103M |
| TOTAL CURRENT LIABILITIES | $80M |
| Long-Term Debt | $114M |
| Deferred Revenue NC | $461.0K |
| Deferred Tax Liabilities | -$1.7B |
| Other Non-Current Liabilities | $1.8B |
| TOTAL NON-CURRENT LIABILITIES | $114M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $9M |
| Additional Paid-In Capital | $924M |
| Retained Earnings | $574M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $3.5B |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $114M |
| Net Debt | $64M |
