| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | — | $2.4B | — | 21.8% |
| Op. Income | -$1.1B | — | -$1.2B | — | 12.0% |
| Gross Margin | 45.7% | — | 30.9% | — | 14.8pp |
| Net Margin | -29.8% | — | -26.3% | — | -3.5pp |
| EPS (Diluted) | $-0.53 | — | $-0.38 | — | -39.5% |
| Free Cash Flow | -$877M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $366M |
| Selling & Marketing | $974M |
| General & Administrative | $555M |
| SG&A Expenses | $1.5B |
| Other Expenses | $517M |
| Operating Expenses | $2.4B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | -$1.1B |
| Interest Income | $35M |
| Interest Expense | $195M |
| Other Income/Expenses | -$158M |
| INCOME BEFORE TAX | -$1.2B |
| Income Tax Expense | -$322M |
| Net Income from Continuing Ops | -$889M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$887M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$887M |
| D&A | $109M |
| EBIT | -$1.0B |
| EBITDA | -$897M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$889M |
| Depreciation & Amortization | $109M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | -$385M |
| Other Non-Cash Items | $207M |
| Change in Working Capital | $252M |
| OPERATING CASH FLOW | -$681M |
| Capital Expenditure | -$196M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $40M |
| NET CASH FROM INVESTING | -$156M |
| Net Debt Issuance | $2.0B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $26M |
| NET CASH FROM FINANCING | $2.5B |
| FREE CASH FLOW | -$877M |
| Net Change in Cash | $1.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.5B |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $0 |
| Other Current Assets | $585M |
| TOTAL CURRENT ASSETS | $8.7B |
| PP&E (Net) | $1.6B |
| Goodwill | $153M |
| Intangible Assets | $82M |
| Long-Term Investments | $13.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $51M |
| TOTAL NON-CURRENT ASSETS | $15.3B |
| TOTAL ASSETS | $24.0B |
| Account Payables | $150M |
| Short-Term Debt | $198M |
| Deferred Revenue | $65M |
| Other Current Liabilities | $3.4B |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $8.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.1B |
| Other Non-Current Liabilities | $2.5B |
| TOTAL NON-CURRENT LIABILITIES | $12.9B |
| TOTAL LIABILITIES | $17.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $668M |
| Retained Earnings | -$7.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$188M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.8B |
| TOTAL LIABILITIES & EQUITY | $24.0B |
| Total Debt | $9.5B |
| Net Debt | $3.0B |
