| Metric | FY 2019 | Prior Q | FY 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | — | $1.3B | — | 105.7% |
| Op. Income | -$247M | — | -$129M | — | -91.4% |
| Gross Margin | 47.8% | — | 88.5% | — | -40.7pp |
| Net Margin | -11.1% | — | -9.0% | — | -2.1pp |
| EPS (Diluted) | $-1.48 | — | $-0.61 | — | -142.6% |
| Free Cash Flow | -$699M | — | -$75M | — | -835.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $477M |
| Selling & Marketing | $714M |
| General & Administrative | $366M |
| SG&A Expenses | $1.1B |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | -$247M |
| Interest Income | $0 |
| Interest Expense | $102M |
| Other Income/Expenses | -$63M |
| INCOME BEFORE TAX | -$310M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$305M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$305M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$305M |
| D&A | $111M |
| EBIT | -$208M |
| EBITDA | -$97M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$305M |
| Depreciation & Amortization | $111M |
| Stock-Based Compensation | $199M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $91M |
| Change in Working Capital | -$703M |
| OPERATING CASH FLOW | -$612M |
| Capital Expenditure | -$87M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$456M |
| Net Debt Issuance | $1.7B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$94M |
| NET CASH FROM FINANCING | $1.6B |
| FREE CASH FLOW | -$699M |
| Net Change in Cash | $567M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $1.3B |
| Net Receivables | $67M |
| Inventory | $837M |
| Other Current Assets | $126M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $383M |
| Goodwill | $2.0B |
| Intangible Assets | $191M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $64M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $6.1B |
| Account Payables | $8M |
| Short-Term Debt | $732M |
| Deferred Revenue | $40M |
| Other Current Liabilities | $38M |
| TOTAL CURRENT LIABILITIES | $921M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $21.0K |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | -$977M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $340.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $2.5B |
| Net Debt | $1.4B |
