| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | $24M | $18M | 9.2% | 46.0% |
| Op. Income | -$14M | -$13M | -$14M | -9.6% | -5.5% |
| Gross Margin | -9.6% | 10.5% | -17.0% | -20.1pp | 7.4pp |
| Net Margin | -54.8% | -36.3% | -50.1% | -18.4pp | -4.7pp |
| EPS (Diluted) | $-1.03 | $-0.63 | $-0.65 | -63.5% | -58.5% |
| Free Cash Flow | -$23M | $8M | $12M | -383.7% | -289.5% |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $29M |
| GROSS PROFIT | -$3M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $6M |
| SG&A Expenses | $9M |
| Other Expenses | $3M |
| Operating Expenses | $12M |
| Cost & Expenses | $41M |
| OPERATING INCOME | -$14M |
| Interest Income | $29M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$22.0K |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $236.0K |
| EBIT | -$14M |
| EBITDA | -$14M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $236.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$22M |
| Capital Expenditure | -$150.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$124M |
| Sales/Maturities of Investments | $823.0K |
| Other Investing Activities | $97M |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | $43M |
| Common Stock Repurchased | -$268.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $43M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $0 |
| Net Receivables | $284M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $392M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $289M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$255M |
| TOTAL NON-CURRENT ASSETS | $37M |
| TOTAL ASSETS | $429M |
| Account Payables | $115M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $230M |
| Long-Term Debt | $320M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$104M |
| TOTAL NON-CURRENT LIABILITIES | $216M |
| TOTAL LIABILITIES | $446M |
| Common Stock | $0 |
| Additional Paid-In Capital | $213M |
| Retained Earnings | -$228M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$17M |
| Minority Interest | -$2.0K |
| TOTAL EQUITY | -$17M |
| TOTAL LIABILITIES & EQUITY | $429M |
| Total Debt | $320M |
| Net Debt | $251M |
