| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $13M | — | -18.9% | — |
| Op. Income | -$7M | -$3M | — | -127.4% | — |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | -47.8% | -14.0% | — | -33.8pp | — |
| EPS (Diluted) | $-0.26 | $-0.09 | — | -174.6% | — |
| Free Cash Flow | $2M | -$3M | — | 186.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $10M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$7M |
| Interest Income | $549.0K |
| Interest Expense | $12.0K |
| Other Income/Expenses | $524.0K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $493.0K |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $493.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$123.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$953.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$74M |
| Sales/Maturities of Investments | $75M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $865.0K |
| Net Debt Issuance | -$18.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $49.0K |
| NET CASH FROM FINANCING | $31.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $189M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $224M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $35M |
| Tax Assets | $10M |
| Other Non-Current Assets | $608.0K |
| TOTAL NON-CURRENT ASSETS | $54M |
| TOTAL ASSETS | $278M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | -$82.0K |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $190.0K |
| Additional Paid-In Capital | $245M |
| Retained Earnings | $23M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$85.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $268M |
| Minority Interest | $0 |
| TOTAL EQUITY | $268M |
| TOTAL LIABILITIES & EQUITY | $278M |
| Total Debt | $515.0K |
| Net Debt | -$20M |
