| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.0B | 11.3% | 28.3% |
| Op. Income | -$102M | -$85M | -$94M | -19.2% | -8.6% |
| Gross Margin | 24.5% | 22.3% | 18.6% | 2.3pp | 6.0pp |
| Net Margin | -51.9% | -26.9% | -9.7% | -24.9pp | -42.1pp |
| EPS (Diluted) | $-3.35 | $-1.65 | $-0.55 | -102.8% | -505.5% |
| Free Cash Flow | $83M | -$105M | — | 178.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $330M |
| R&D Expenses | $144M |
| Selling & Marketing | $203M |
| General & Administrative | $85M |
| SG&A Expenses | $288M |
| Other Expenses | $0 |
| Operating Expenses | $432M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | -$102M |
| Interest Income | $42M |
| Interest Expense | $638M |
| Other Income/Expenses | -$596M |
| INCOME BEFORE TAX | -$698M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$698M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$698M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$698M |
| D&A | $15M |
| EBIT | -$60M |
| EBITDA | -$44M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$698M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $596M |
| Change in Working Capital | $179M |
| OPERATING CASH FLOW | $111M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | -$13M |
| Purchases of Investments | -$564M |
| Sales/Maturities of Investments | $278M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$327M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | $83M |
| Net Change in Cash | -$224M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $573M |
| Short-Term Investments | $1.2B |
| Net Receivables | $432M |
| Inventory | $0 |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $88M |
| Goodwill | $162M |
| Intangible Assets | $32M |
| Long-Term Investments | $1.1B |
| Tax Assets | $11M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $291M |
| Short-Term Debt | $1M |
| Deferred Revenue | $259M |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $74M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | -$2.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $213M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $286M |
| Minority Interest | $0 |
| TOTAL EQUITY | $286M |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $1.1B |
| Net Debt | $562M |
