Overstock Results Presentation Deck
Adjusted EBITDA Reconciliation
overstock.
Adjusted EBITDA
Retail
tZERO
Other
Adjusted EBITDA
Less: Special items (see table below)
Less: Depreciation and amortization
Less: Stock-based compensation
Less: Interest (income) expense, net
Less: Other (income) expense, net
Less: Provision (benefit) for income taxes
Net loss
Special items:
Impairments on intangible assets
Loss on disposal of business
Cryptocurrency impairments and gains on sale, net
Severance
Special legal expenses*
Total Special Items
$
$
$
Jun-2019
1,581
(8,729)
(5,995)
(13,143)
7,464
5,171
(525)
2,995
(622)
(27,626)
$
Mar-2019
(276)
(2,460) $ (16,856)
(13,207)
(7,995)
(7,256)
(3,401)
(23,662)
(27,513)
1,757
9,565
6,614
8,664
3,985
2,702
6,272
878
(42,892) $
1,757
1,757
$
Three months ended
$
Dec-2018
(563)
Sep-2018
6,000
3,565
(20,160)
(4,056)
(2,588)
(26,804)
10,783
7,999
2,246
(282)
1,999
1,848
(1,939)
(141)
(47,941) $ (49,257)
10,783
9,565 $ 10,783
Jun-2018
(50,149) $ (24,372)
(9,577)
(4,382)
(3,118)
(1,836)
(62,844)
(30,590)
(6,816)
9,870
7,535
7,499
2,973
6,435
330
9
(277)
(54,456)
(225)
(368)
(27)
(65,916) $
(6,816)
$
Mar-2018
(6,816) $
7,259
1,600
1,011
9,870
43
*Special legal expenses include charges associated with our Delaware gift card escheatment matter and legal fees associated with pursuing our strategic alternatives.
Adjusted EBITDA is a non-GAAP financial measure used in addition to and in conjunction with results presented in accordance with GAAP and should not be relied upon to the
exclusion of GAAP financial measures. You should review our financial statements and publicly-filed reports in their entirety and not rely on any single financial measure.View entire presentation