| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $11M | $9M | 0.1% | 26.4% |
| Op. Income | -$79M | -$85M | -$64M | 6.6% | -24.4% |
| Gross Margin | -542.0% | -603.5% | -574.9% | 61.5pp | 32.9pp |
| Net Margin | -679.1% | -732.3% | -699.3% | 53.1pp | 20.2pp |
| EPS (Diluted) | $-1.59 | $-1.78 | $-1.63 | 10.7% | 2.5% |
| Free Cash Flow | -$80M | -$60M | -$52M | -32.8% | -52.0% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $73M |
| GROSS PROFIT | -$62M |
| R&D Expenses | $73M |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $90M |
| Cost & Expenses | $90M |
| OPERATING INCOME | -$79M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$77M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$77M |
| D&A | $2M |
| EBIT | -$79M |
| EBITDA | -$77M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$77M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$69.0K |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$78M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$136M |
| Sales/Maturities of Investments | $204M |
| Other Investing Activities | $68M |
| NET CASH FROM INVESTING | $66M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$80M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $133M |
| Short-Term Investments | $375M |
| Net Receivables | $5M |
| Inventory | -$859.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $528M |
| PP&E (Net) | $24M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $134M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $159M |
| TOTAL ASSETS | $687M |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $36M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $88M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $134M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $149M |
| TOTAL LIABILITIES | $237M |
| Common Stock | $49.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$710M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$515.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $450M |
| Minority Interest | $0 |
| TOTAL EQUITY | $450M |
| TOTAL LIABILITIES & EQUITY | $687M |
| Total Debt | $0 |
| Net Debt | -$133M |
