| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42M | $0 | $0 | — | — |
| Op. Income | $11M | -$21M | -$31M | 151.6% | 134.8% |
| Gross Margin | 80.0% | — | — | — | — |
| Net Margin | 24.1% | — | — | — | — |
| EPS (Diluted) | $0.21 | $-0.44 | $-0.66 | 147.7% | 131.8% |
| Free Cash Flow | $5M | -$19M | -$29M | 124.0% | 115.9% |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $34M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $331.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $674.0K |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $34M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $331.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $674.0K |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $674.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$46.0K |
| Other Non-Cash Items | -$137.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$28.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10.0K |
| NET CASH FROM FINANCING | $10.0K |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $75M |
| Short-Term Investments | $59M |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $150M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $158M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $720.0K |
| TOTAL NON-CURRENT LIABILITIES | $720.0K |
| TOTAL LIABILITIES | $19M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $418M |
| Retained Earnings | -$278M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$47.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $139M |
| Minority Interest | $0 |
| TOTAL EQUITY | $139M |
| TOTAL LIABILITIES & EQUITY | $158M |
| Total Debt | $0 |
| Net Debt | -$75M |
