| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $94M | $95M | $124M | -1.1% | -23.8% |
| Op. Income | -$33M | $1M | $18M | -2740.1% | -282.6% |
| Gross Margin | 81.2% | 81.8% | 81.7% | -0.5pp | -0.5pp |
| Net Margin | -35.1% | -16.8% | -35.8% | -18.3pp | 0.7pp |
| EPS (Diluted) | $-31.50 | $-15.30 | $-43.20 | -105.9% | 27.1% |
| Free Cash Flow | $27M | -$3M | $37M | 931.8% | -27.6% |
| Item | Amount |
|---|---|
| REVENUE | $94M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $77M |
| R&D Expenses | $26M |
| Selling & Marketing | $4M |
| General & Administrative | $45M |
| SG&A Expenses | $48M |
| Other Expenses | $26M |
| Operating Expenses | $100M |
| Cost & Expenses | $118M |
| OPERATING INCOME | -$33M |
| Interest Income | $77.0K |
| Interest Expense | $18M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$34M |
| Income Tax Expense | -$870.0K |
| Net Income from Continuing Ops | -$33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $26M |
| EBIT | -$16M |
| EBITDA | $10M |
| EPS | -$32 |
| EPS Diluted | -$32 |
| Item | Amount |
|---|---|
| Net Income | -$33M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | $30M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$103.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$1.0K |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | -$543.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $128M |
| Short-Term Investments | $0 |
| Net Receivables | $72M |
| Inventory | $13M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $232M |
| PP&E (Net) | $13M |
| Goodwill | $0 |
| Intangible Assets | $794M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $807M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $15M |
| Short-Term Debt | $83M |
| Deferred Revenue | $136M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $224M |
| Long-Term Debt | $544M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $645M |
| TOTAL LIABILITIES | $869M |
| Common Stock | $314M |
| Additional Paid-In Capital | $75M |
| Retained Earnings | -$220M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5.0K |
| Other Equity | $314M |
| TOTAL STOCKHOLDERS' EQUITY | $170M |
| Minority Interest | $0 |
| TOTAL EQUITY | $170M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $627M |
| Net Debt | $499M |
