| Metric | Q1 2016 | Q4 2015 | Q1 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $105M | $111M | — | -5.7% | — |
| Op. Income | -$4M | -$27M | — | 83.8% | — |
| Gross Margin | 77.5% | 81.1% | — | -3.6pp | — |
| Net Margin | -20.0% | -27.6% | — | 7.6pp | — |
| EPS (Diluted) | $-20.55 | $-30.30 | — | 32.2% | — |
| Free Cash Flow | -$17M | $33M | — | -151.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $105M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $81M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $53M |
| Other Expenses | $27M |
| Operating Expenses | $86M |
| Cost & Expenses | $109M |
| OPERATING INCOME | -$4M |
| Interest Income | $130.0K |
| Interest Expense | $23M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | -$27M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $28M |
| EBIT | -$4M |
| EBITDA | $23M |
| EPS | -$21 |
| EPS Diluted | -$21 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$45.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $102M |
| Other Investing Activities | $96M |
| NET CASH FROM INVESTING | $96M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$260.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | $81M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $182M |
| Short-Term Investments | $10M |
| Net Receivables | $71M |
| Inventory | $11M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $293M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $982M |
| Long-Term Investments | $2M |
| Tax Assets | $43M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.3B |
| Account Payables | $23M |
| Short-Term Debt | $100M |
| Deferred Revenue | $122M |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $309M |
| Long-Term Debt | $705M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $727M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $270M |
| Additional Paid-In Capital | $79M |
| Retained Earnings | -$49M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $300M |
| Minority Interest | $0 |
| TOTAL EQUITY | $300M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $805M |
| Net Debt | $623M |
