| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | -25.0% | -19.9% |
| Op. Income | -$9M | -$7M | -$6M | -35.1% | -56.5% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -541.6% | -303.4% | -282.0% | -238.2pp | -259.6pp |
| EPS (Diluted) | $-1.24 | $-1.02 | $-0.79 | -21.6% | -57.0% |
| Free Cash Flow | -$8M | -$8M | -$6M | -3.0% | -38.9% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $2M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$9M |
| Interest Income | $259.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $416.0K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $325.0K |
| EBIT | -$9M |
| EBITDA | -$9M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $325.0K |
| Stock-Based Compensation | $847.0K |
| Deferred Income Tax | -$43.0K |
| Other Non-Cash Items | $6.0K |
| Change in Working Capital | -$25.0K |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$388.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$48M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $70M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $48M |
| Net Receivables | $1M |
| Inventory | $50.0K |
| Other Current Assets | $50.0K |
| TOTAL CURRENT ASSETS | $97M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $103M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $20M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $346.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $888.0K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $26M |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $150M |
| Retained Earnings | -$73M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $77M |
| Minority Interest | $0 |
| TOTAL EQUITY | $77M |
| TOTAL LIABILITIES & EQUITY | $103M |
| Total Debt | $0 |
| Net Debt | -$47M |
