| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46M | $32M | $93M | 45.5% | -50.7% |
| Op. Income | -$32M | -$35M | $43M | 8.1% | -173.7% |
| Gross Margin | -76.7% | -109.0% | 46.1% | 32.3pp | -122.8pp |
| Net Margin | -76.1% | -135.9% | 57.8% | 59.7pp | -133.9pp |
| EPS (Diluted) | $-0.69 | $-0.85 | $1.11 | 19.2% | -162.1% |
| Free Cash Flow | -$76M | -$42M | $40M | -82.2% | -290.1% |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $81M |
| GROSS PROFIT | -$35M |
| R&D Expenses | $81M |
| Selling & Marketing | $1M |
| General & Administrative | -$31.6K |
| SG&A Expenses | $1M |
| Other Expenses | -$4M |
| Operating Expenses | $78M |
| Cost & Expenses | $78M |
| OPERATING INCOME | -$32M |
| Interest Income | $29M |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$35M |
| Income Tax Expense | $43.3K |
| Net Income from Continuing Ops | -$35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$35M |
| D&A | $1M |
| EBIT | -$61M |
| EBITDA | -$60M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$35M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $43.3K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | -$71M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $74.9K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$17.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $414.5K |
| NET CASH FROM FINANCING | $397.0K |
| FREE CASH FLOW | -$76M |
| Net Change in Cash | -$79M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $49M |
| Inventory | $326.7K |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $20M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $2M |
| Tax Assets | $2M |
| Other Non-Current Assets | $77M |
| TOTAL NON-CURRENT ASSETS | $104M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $55M |
| Short-Term Debt | $0 |
| Deferred Revenue | $143M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $201M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $114M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $120M |
| TOTAL LIABILITIES | $321M |
| Common Stock | $273M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$248M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $10.5K |
| Net Debt | -$1.3B |
