| Metric | FY 2015 | Prior Q | FY 2014 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $135M | — | $75M | — | 79.3% |
| Op. Income | -$27M | — | -$63M | — | 56.5% |
| Gross Margin | 78.3% | — | 69.8% | — | 8.5pp |
| Net Margin | -23.9% | — | -90.8% | — | 66.9pp |
| EPS (Diluted) | $-0.25 | — | $-0.56 | — | 55.4% |
| Free Cash Flow | -$39M | — | -$49M | — | 19.3% |
| Item | Amount |
|---|---|
| REVENUE | $135M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $106M |
| R&D Expenses | $93M |
| Selling & Marketing | $0 |
| General & Administrative | $40M |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $133M |
| Cost & Expenses | $163M |
| OPERATING INCOME | -$27M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$32M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $2M |
| EBIT | -$27M |
| EBITDA | -$25M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $887.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | -$37M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$71M |
| Sales/Maturities of Investments | $80M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | -$39M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $65M |
| Net Receivables | $32M |
| Inventory | $9M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $172M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $182M |
| Account Payables | $4M |
| Short-Term Debt | $22M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $62M |
| Long-Term Debt | $28M |
| Deferred Revenue NC | $44M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $76M |
| TOTAL LIABILITIES | $139M |
| Common Stock | $128.0K |
| Additional Paid-In Capital | $526M |
| Retained Earnings | -$483M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$99.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $43M |
| Minority Interest | $0 |
| TOTAL EQUITY | $43M |
| TOTAL LIABILITIES & EQUITY | $182M |
| Total Debt | $50M |
| Net Debt | $7M |
