| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $9M | — | 152.1% | — |
| Op. Income | -$57M | -$64M | — | 9.6% | — |
| Gross Margin | -185.6% | -574.9% | — | 389.4pp | — |
| Net Margin | -249.4% | -699.3% | — | 449.9pp | — |
| EPS (Diluted) | $-1.34 | $-1.63 | — | 17.8% | — |
| Free Cash Flow | -$52M | -$52M | — | 0.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $65M |
| GROSS PROFIT | -$42M |
| R&D Expenses | $65M |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $80M |
| Cost & Expenses | $80M |
| OPERATING INCOME | -$57M |
| Interest Income | $923.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $923.0K |
| INCOME BEFORE TAX | -$56M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$56M |
| D&A | $2M |
| EBIT | -$57M |
| EBITDA | -$56M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$56M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $239.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$51M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$138M |
| Sales/Maturities of Investments | $62M |
| Other Investing Activities | -$76M |
| NET CASH FROM INVESTING | -$78M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$52M |
| Net Change in Cash | -$125M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $574M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | -$36M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $560M |
| PP&E (Net) | $25M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $32M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $59M |
| TOTAL ASSETS | $619M |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $190M |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $88M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $154M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $172M |
| TOTAL LIABILITIES | $261M |
| Common Stock | $42.0K |
| Additional Paid-In Capital | $842M |
| Retained Earnings | -$483M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$313.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $359M |
| Minority Interest | $0 |
| TOTAL EQUITY | $359M |
| TOTAL LIABILITIES & EQUITY | $619M |
| Total Debt | $0 |
| Net Debt | -$574M |
