| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $90M | $87M | $48M | 3.3% | 86.7% |
| Op. Income | -$37M | -$23M | -$35M | -57.9% | -2.9% |
| Gross Margin | 74.6% | 73.1% | 64.8% | 1.5pp | 9.8pp |
| Net Margin | -43.7% | -24.9% | -72.3% | -18.8pp | 28.6pp |
| EPS (Diluted) | $-0.33 | $-0.18 | $-0.32 | -83.3% | -3.1% |
| Free Cash Flow | -$54M | -$37M | -$36M | -45.3% | -48.2% |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $67M |
| R&D Expenses | $15M |
| Selling & Marketing | $53M |
| General & Administrative | $36M |
| SG&A Expenses | $89M |
| Other Expenses | $0 |
| Operating Expenses | $104M |
| Cost & Expenses | $127M |
| OPERATING INCOME | -$37M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$39M |
| Income Tax Expense | $59.0K |
| Net Income from Continuing Ops | -$39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$39M |
| D&A | $5M |
| EBIT | -$33M |
| EBITDA | -$28M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$39M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$417.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | -$39M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $62.0K |
| Purchases of Investments | -$629M |
| Sales/Maturities of Investments | $81M |
| Other Investing Activities | -$62.0K |
| NET CASH FROM INVESTING | -$563M |
| Net Debt Issuance | $671M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $672M |
| FREE CASH FLOW | -$54M |
| Net Change in Cash | $71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $149M |
| Short-Term Investments | $893M |
| Net Receivables | $35M |
| Inventory | $32M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $103M |
| Goodwill | $2M |
| Intangible Assets | $22M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $135M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $12M |
| Short-Term Debt | $183.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $73M |
| Long-Term Debt | $491M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $497M |
| TOTAL LIABILITIES | $570M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$900M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $687M |
| Minority Interest | $0 |
| TOTAL EQUITY | $687M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $491M |
| Net Debt | $342M |
