| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $87M | $73M | $35M | 20.4% | 148.0% |
| Op. Income | -$23M | -$28M | -$38M | 18.6% | 38.7% |
| Gross Margin | 73.1% | 71.5% | 60.7% | 1.6pp | 12.5pp |
| Net Margin | -24.9% | -37.1% | -105.5% | 12.2pp | 80.6pp |
| EPS (Diluted) | $-0.18 | $-0.23 | $-0.34 | 21.7% | 47.1% |
| Free Cash Flow | -$37M | -$21M | -$30M | -74.4% | -24.4% |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $64M |
| R&D Expenses | $13M |
| Selling & Marketing | $41M |
| General & Administrative | $34M |
| SG&A Expenses | $74M |
| Other Expenses | $0 |
| Operating Expenses | $87M |
| Cost & Expenses | $111M |
| OPERATING INCOME | -$23M |
| Interest Income | $0 |
| Interest Expense | $51.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | -$99.0K |
| Net Income from Continuing Ops | -$22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $4M |
| EBIT | -$22M |
| EBITDA | -$17M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $116.0K |
| Other Non-Cash Items | $201.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$764.0K |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $76M |
| Other Investing Activities | $49M |
| NET CASH FROM INVESTING | $25M |
| Net Debt Issuance | -$246.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$37M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $77M |
| Short-Term Investments | $347M |
| Net Receivables | $26M |
| Inventory | $26M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $487M |
| PP&E (Net) | $80M |
| Goodwill | $2M |
| Intangible Assets | $22M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $111M |
| TOTAL ASSETS | $599M |
| Account Payables | $16M |
| Short-Term Debt | $182.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $68M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $78M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$861M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$750.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $520M |
| Minority Interest | $0 |
| TOTAL EQUITY | $520M |
| TOTAL LIABILITIES & EQUITY | $599M |
| Total Debt | $4M |
| Net Debt | -$73M |
