| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $11M | $7M | 8.0% | 62.6% |
| Op. Income | -$85M | -$67M | -$56M | -26.2% | -49.8% |
| Gross Margin | -603.5% | -497.0% | -628.1% | -106.5pp | 24.6pp |
| Net Margin | -732.3% | -629.7% | -801.8% | -102.6pp | 69.6pp |
| EPS (Diluted) | $-1.78 | $-1.56 | $-1.47 | -14.1% | -21.1% |
| Free Cash Flow | -$60M | -$74M | $155M | 19.3% | -138.7% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $80M |
| GROSS PROFIT | -$68M |
| R&D Expenses | $80M |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $96M |
| Cost & Expenses | $96M |
| OPERATING INCOME | -$85M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$83M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$83M |
| D&A | $2M |
| EBIT | -$85M |
| EBITDA | -$83M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$83M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$69.0K |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | -$59M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$442M |
| Sales/Maturities of Investments | $167M |
| Other Investing Activities | -$275M |
| NET CASH FROM INVESTING | -$276M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $273M |
| NET CASH FROM FINANCING | $273M |
| FREE CASH FLOW | -$60M |
| Net Change in Cash | -$62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $139M |
| Short-Term Investments | $447M |
| Net Receivables | $6M |
| Inventory | -$779.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $605M |
| PP&E (Net) | $25M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $130M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $156M |
| TOTAL ASSETS | $761M |
| Account Payables | $23M |
| Short-Term Debt | $0 |
| Deferred Revenue | $37M |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $94M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $142M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $158M |
| TOTAL LIABILITIES | $252M |
| Common Stock | $48.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$633M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$650.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $509M |
| Minority Interest | $0 |
| TOTAL EQUITY | $509M |
| TOTAL LIABILITIES & EQUITY | $761M |
| Total Debt | $0 |
| Net Debt | -$139M |
