| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $9M | $14M | -16.2% | -46.3% |
| Op. Income | -$13M | -$10M | -$1M | -38.1% | -1105.6% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -112.2% | -60.2% | -7.7% | -52.0pp | -104.5pp |
| EPS (Diluted) | $-0.44 | $-0.28 | $-0.06 | -57.1% | -676.0% |
| Free Cash Flow | -$6M | -$4M | -$3M | -54.7% | -103.2% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $8M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$13M |
| Interest Income | $628.0K |
| Interest Expense | $11.0K |
| Other Income/Expenses | $600.0K |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $552.0K |
| EBIT | -$13M |
| EBITDA | -$13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $552.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $192.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$741.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $43M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | -$18.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $208.0K |
| NET CASH FROM FINANCING | $190.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $170M |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $206M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $43M |
| Tax Assets | $18M |
| Other Non-Current Assets | $608.0K |
| TOTAL NON-CURRENT ASSETS | $70M |
| TOTAL ASSETS | $276M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | -$56.0K |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $191.0K |
| Additional Paid-In Capital | $252M |
| Retained Earnings | $9M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$137.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $261M |
| Minority Interest | $0 |
| TOTAL EQUITY | $261M |
| TOTAL LIABILITIES & EQUITY | $276M |
| Total Debt | $477.0K |
| Net Debt | -$22M |
