| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30.0K | $2M | $0 | -98.7% | — |
| Op. Income | -$22M | -$18M | -$26M | -25.3% | 16.1% |
| Gross Margin | 100.0% | 80.0% | — | 20.0pp | — |
| Net Margin | -74303.3% | -733.6% | — | -73569.8pp | — |
| EPS (Diluted) | $-0.42 | $-0.36 | $-0.54 | -16.7% | 22.2% |
| Free Cash Flow | -$18M | -$7M | -$25M | -162.6% | 27.6% |
| Item | Amount |
|---|---|
| REVENUE | $30.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $30.0K |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | -$135.0K |
| Operating Expenses | $22M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$22M |
| Interest Income | $0 |
| Interest Expense | $692.0K |
| Other Income/Expenses | -$135.0K |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | $2.0K |
| Net Income from Continuing Ops | -$22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $669.0K |
| EBIT | -$22M |
| EBITDA | -$22M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $669.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$181.0K |
| Other Non-Cash Items | $150.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$80M |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $103M |
| NET CASH FROM FINANCING | $103M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $92M |
| Short-Term Investments | $121M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $222M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $159.0K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $229M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $49M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $677.0K |
| TOTAL NON-CURRENT LIABILITIES | $50M |
| TOTAL LIABILITIES | $65M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $477M |
| Retained Earnings | -$314M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$36.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $163M |
| Minority Interest | $0 |
| TOTAL EQUITY | $163M |
| TOTAL LIABILITIES & EQUITY | $229M |
| Total Debt | $49M |
| Net Debt | -$43M |
