| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $23M | $31M | -53.6% | -66.4% |
| Op. Income | -$67M | -$57M | -$24M | -16.8% | -184.2% |
| Gross Margin | -497.0% | -185.6% | -40.8% | -311.4pp | -456.2pp |
| Net Margin | -629.7% | -249.4% | -74.2% | -380.3pp | -555.5pp |
| EPS (Diluted) | $-1.56 | $-1.34 | $-0.61 | -16.4% | -155.7% |
| Free Cash Flow | -$74M | -$52M | -$22M | -41.8% | -245.2% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $63M |
| GROSS PROFIT | -$52M |
| R&D Expenses | $63M |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $78M |
| OPERATING INCOME | -$67M |
| Interest Income | $881.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $881.0K |
| INCOME BEFORE TAX | -$66M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$66M |
| D&A | $2M |
| EBIT | -$67M |
| EBITDA | -$65M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$66M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $203.0K |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | -$74M |
| Capital Expenditure | -$293.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | $137M |
| Other Investing Activities | $110M |
| NET CASH FROM INVESTING | $110M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$74M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $200M |
| Short-Term Investments | $279M |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $507M |
| PP&E (Net) | $24M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $23M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $50M |
| TOTAL ASSETS | $557M |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $38M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $82M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $151M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $168M |
| TOTAL LIABILITIES | $250M |
| Common Stock | $42.0K |
| Additional Paid-In Capital | $857M |
| Retained Earnings | -$550M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$212.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $307M |
| Minority Interest | $0 |
| TOTAL EQUITY | $307M |
| TOTAL LIABILITIES & EQUITY | $557M |
| Total Debt | $0 |
| Net Debt | -$200M |
