| Metric | FY 2018 | Prior Q | FY 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $94M | — | $43M | — | 119.4% |
| Op. Income | -$362M | — | -$321M | — | -13.0% |
| Gross Margin | 98.5% | — | -580.5% | — | 679.0pp |
| Net Margin | -366.6% | — | -731.6% | — | 365.0pp |
| EPS (Diluted) | $-6.03 | — | $-6.75 | — | 10.7% |
| Free Cash Flow | -$311M | — | -$290M | — | -7.4% |
| Item | Amount |
|---|---|
| REVENUE | $94M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $93M |
| R&D Expenses | $341M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $114M |
| Other Expenses | $0 |
| Operating Expenses | $455M |
| Cost & Expenses | $457M |
| OPERATING INCOME | -$362M |
| Interest Income | $16M |
| Interest Expense | $0 |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | -$346M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$346M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$346M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$346M |
| D&A | $7M |
| EBIT | -$346M |
| EBITDA | -$339M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$346M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $73M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | -$304M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$933M |
| Sales/Maturities of Investments | $666M |
| Other Investing Activities | -$267M |
| NET CASH FROM INVESTING | -$274M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $30M |
| NET CASH FROM FINANCING | $546M |
| FREE CASH FLOW | -$311M |
| Net Change in Cash | -$32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $805M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $869.0K |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $614M |
| PP&E (Net) | $24M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $220M |
| Tax Assets | $0 |
| Other Non-Current Assets | $238.0K |
| TOTAL NON-CURRENT ASSETS | $245M |
| TOTAL ASSETS | $858M |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $93M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $94M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $60M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $77M |
| TOTAL LIABILITIES | $171M |
| Common Stock | $58.0K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $688M |
| Minority Interest | $0 |
| TOTAL EQUITY | $688M |
| TOTAL LIABILITIES & EQUITY | $858M |
| Total Debt | $0 |
| Net Debt | -$805M |
