| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $3M | $3M | 33.2% | 61.1% |
| Op. Income | -$23M | -$27M | -$12M | 16.9% | -81.3% |
| Gross Margin | -345.9% | -454.4% | -310.9% | 108.5pp | -34.9pp |
| Net Margin | -502.5% | -833.0% | -461.4% | 330.6pp | -41.0pp |
| EPS (Diluted) | $-8.70 | $-13.00 | $-7.10 | 33.1% | -22.5% |
| Free Cash Flow | -$17M | -$16M | -$11M | -3.9% | -45.9% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $19M |
| GROSS PROFIT | -$15M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | -$82.0K |
| Operating Expenses | $27M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$23M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | -$6.5K |
| 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 | $161.5K |
| EBIT | -$23M |
| EBITDA | -$22M |
| EPS | -$9 |
| EPS Diluted | -$9 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $161.5K |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$6.5K |
| Other Non-Cash Items | $82.1K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$37.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$83M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$74M |
| NET CASH FROM INVESTING | -$74M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $156M |
| NET CASH FROM FINANCING | $156M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | $66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $120M |
| Short-Term Investments | $114M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $240M |
| PP&E (Net) | $515.8K |
| Goodwill | $13M |
| Intangible Assets | $29M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $950.5K |
| TOTAL NON-CURRENT ASSETS | $43M |
| TOTAL ASSETS | $283M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $37M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $7.9K |
| TOTAL NON-CURRENT LIABILITIES | $39M |
| TOTAL LIABILITIES | $54M |
| Common Stock | $25.5K |
| Additional Paid-In Capital | $545M |
| Retained Earnings | -$316M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$354.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $229M |
| Minority Interest | $0 |
| TOTAL EQUITY | $229M |
| TOTAL LIABILITIES & EQUITY | $283M |
| Total Debt | $0 |
| Net Debt | -$120M |
