| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $58M | $44M | $32M | 31.1% | 84.4% |
| Op. Income | -$40M | -$38M | -$25M | -5.4% | -55.7% |
| Gross Margin | -64.4% | -84.0% | -78.2% | 19.6pp | 13.7pp |
| Net Margin | -43.8% | -98.4% | -132.3% | 54.5pp | 88.5pp |
| EPS (Diluted) | $-0.49 | $-0.85 | $-0.83 | 42.5% | 40.8% |
| Free Cash Flow | -$63M | -$48M | -$35M | -29.8% | -79.6% |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $96M |
| GROSS PROFIT | -$37M |
| R&D Expenses | $96M |
| Selling & Marketing | $704.9K |
| General & Administrative | $10M |
| SG&A Expenses | $11M |
| Other Expenses | -$9M |
| Operating Expenses | $98M |
| Cost & Expenses | $98M |
| OPERATING INCOME | -$40M |
| Interest Income | $7M |
| Interest Expense | $7M |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | $87.8K |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $3M |
| EBIT | -$40M |
| EBITDA | -$37M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $87.8K |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | -$60M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$447.3K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $14.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$63M |
| Net Change in Cash | -$49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $40M |
| Inventory | $312.6K |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $88M |
| TOTAL NON-CURRENT ASSETS | $113M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $81M |
| Short-Term Debt | $0 |
| Deferred Revenue | $206M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $289M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $79M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $84M |
| TOTAL LIABILITIES | $373M |
| Common Stock | $276M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$403M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $0 |
| Net Debt | -$1.2B |
