| Metric | FY 2019 | Prior Q | FY 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | — | $650M | — | 74.5% |
| Op. Income | -$354M | — | -$114M | — | -211.2% |
| Gross Margin | 50.6% | — | 53.5% | — | -2.9pp |
| Net Margin | -27.1% | — | -18.8% | — | -8.3pp |
| EPS (Diluted) | $-2.36 | — | $-1.26 | — | -87.3% |
| Free Cash Flow | -$53M | — | -$17M | — | -219.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $561M |
| GROSS PROFIT | $574M |
| R&D Expenses | $384M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $544M |
| Other Expenses | $0 |
| Operating Expenses | $928M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | -$354M |
| Interest Income | $21M |
| Interest Expense | $25M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$362M |
| Income Tax Expense | -$55M |
| Net Income from Continuing Ops | -$307M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$307M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$307M |
| D&A | $134M |
| EBIT | -$337M |
| EBITDA | -$204M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$307M |
| Depreciation & Amortization | $110M |
| Stock-Based Compensation | $264M |
| Deferred Income Tax | -$56M |
| Other Non-Cash Items | $50M |
| Change in Working Capital | -$48M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$67M |
| Acquisitions (Net) | $123M |
| Purchases of Investments | -$2.0B |
| Sales/Maturities of Investments | $697M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $1.0B |
| FREE CASH FLOW | -$53M |
| Net Change in Cash | -$252M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $254M |
| Short-Term Investments | $1.6B |
| Net Receivables | $154M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $298M |
| Goodwill | $2.3B |
| Intangible Assets | $461M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $39M |
| Short-Term Debt | $0 |
| Deferred Revenue | $26M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $247M |
| Long-Term Debt | $458M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $624M |
| TOTAL LIABILITIES | $871M |
| Common Stock | $138.0K |
| Additional Paid-In Capital | $5.0B |
| Retained Earnings | -$679M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $640M |
| Net Debt | $387M |
