Q2 2017 Earnings

Reported June 29, 2017

Quarter Comparison

Revenue

Operating Income

EPS (Diluted)

Free Cash Flow

Metric	Q2 2017	Q1 2017	Q2 2016	QoQ Change	YoY Change
Revenue	$0	$0	—	—	—
Op. Income	-$16M	-$5M	—	-227.0%	—
EPS (Diluted)	$-7.12	$-2.18	—	-226.6%	—
Free Cash Flow	-$5M	-$5M	—	-19.4%	—

Income Statement

Item	Amount
REVENUE	$0
Cost of Revenue	$0
GROSS PROFIT	$0
R&D Expenses	$14M
Selling & Marketing	$0
General & Administrative	$2M
SG&A Expenses	$2M
Other Expenses	$0
Operating Expenses	$16M
Cost & Expenses	$16M
OPERATING INCOME	-$16M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$0
INCOME BEFORE TAX	-$16M
Income Tax Expense	$0
Net Income from Continuing Ops	-$16M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$16M
Net Income Deductions	-$344.0K
BOTTOM LINE NET INCOME	-$15M
D&A	$96.0K
EBIT	-$16M
EBITDA	-$16M
EPS	-$7
EPS Diluted	-$7

Cash Flow Statement

Item	Amount
Net Income	-$16M
Depreciation & Amortization	$96.0K
Stock-Based Compensation	$607.0K
Deferred Income Tax	$0
Other Non-Cash Items	$9M
Change in Working Capital	$1M
OPERATING CASH FLOW	-$5M
Capital Expenditure	-$931.0K
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$30.0K
NET CASH FROM INVESTING	-$901.0K
Net Debt Issuance	$0
Common Stock Repurchased	-$171.0K
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	$63M
FREE CASH FLOW	-$5M
Net Change in Cash	$58M