Q1 2018 Earnings

Reported March 30, 2018

Quarter Comparison

Revenue

Operating Income

EPS (Diluted)

Free Cash Flow

Metric	Q1 2018	Q4 2017	Q1 2017	QoQ Change	YoY Change
Revenue	$0	$0	—	—	—
Op. Income	-$25M	-$28M	—	8.6%	—
EPS (Diluted)	$-18.52	$-20.19	—	8.3%	—
Free Cash Flow	-$27M	—	—	—	—

Income Statement

Item	Amount
REVENUE	$0
Cost of Revenue	$0
GROSS PROFIT	$0
R&D Expenses	$22M
Selling & Marketing	$0
General & Administrative	$4M
SG&A Expenses	$4M
Other Expenses	$0
Operating Expenses	$25M
Cost & Expenses	$25M
OPERATING INCOME	-$25M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$0
INCOME BEFORE TAX	-$25M
Income Tax Expense	$0
Net Income from Continuing Ops	-$25M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$25M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$25M
D&A	$356.0K
EBIT	-$25M
EBITDA	-$25M
EPS	-$19
EPS Diluted	-$19

Cash Flow Statement

Item	Amount
Net Income	-$25M
Depreciation & Amortization	$356.0K
Stock-Based Compensation	$3M
Deferred Income Tax	$0
Other Non-Cash Items	$0
Change in Working Capital	-$4M
OPERATING CASH FLOW	-$26M
Capital Expenditure	-$162.0K
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$162.0K
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$27M
NET CASH FROM FINANCING	$27M
FREE CASH FLOW	-$27M
Net Change in Cash	$0