| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $10M | $11M | -10.6% | -16.6% |
| Op. Income | -$94M | -$90M | -$67M | -4.3% | -40.2% |
| Gross Margin | -792.8% | -688.0% | -497.0% | -104.8pp | -295.8pp |
| Net Margin | -1036.6% | -901.0% | -629.7% | -135.6pp | -406.9pp |
| EPS (Diluted) | $-1.63 | $-1.81 | $-1.56 | 9.9% | -4.5% |
| Free Cash Flow | -$100M | -$76M | -$74M | -32.6% | -35.0% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $78M |
| GROSS PROFIT | -$69M |
| R&D Expenses | $78M |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $103M |
| Cost & Expenses | $103M |
| OPERATING INCOME | -$94M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$91M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$91M |
| D&A | $2M |
| EBIT | -$94M |
| EBITDA | -$92M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$91M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$406.0K |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | -$99M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$331M |
| Sales/Maturities of Investments | $165M |
| Other Investing Activities | -$166M |
| NET CASH FROM INVESTING | -$168M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | $528M |
| FREE CASH FLOW | -$100M |
| Net Change in Cash | $262M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $995M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | -$212M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $803M |
| PP&E (Net) | $24M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $212M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $237M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $121M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $75M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $82M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $100M |
| TOTAL LIABILITIES | $175M |
| Common Stock | $58.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$849M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $866M |
| Minority Interest | $0 |
| TOTAL EQUITY | $866M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $0 |
| Net Debt | -$995M |
