| Metric | FY 2016 | Prior Q | FY 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $147M | — | $135M | — | 8.6% |
| Op. Income | -$83M | — | -$27M | — | -203.1% |
| Gross Margin | 77.4% | — | 78.3% | — | -1.0pp |
| Net Margin | -70.2% | — | -23.9% | — | -46.4pp |
| EPS (Diluted) | $-0.81 | — | $-0.25 | — | -224.0% |
| Free Cash Flow | -$54M | — | -$39M | — | -35.7% |
| Item | Amount |
|---|---|
| REVENUE | $147M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $113M |
| R&D Expenses | $151M |
| Selling & Marketing | $0 |
| General & Administrative | $46M |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $197M |
| Cost & Expenses | $230M |
| OPERATING INCOME | -$83M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | -$102M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$103M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$103M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$103M |
| D&A | $2M |
| EBIT | -$82M |
| EBITDA | -$79M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$103M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $560.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | -$50M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$155M |
| Sales/Maturities of Investments | $82M |
| Other Investing Activities | -$74M |
| NET CASH FROM INVESTING | -$77M |
| Net Debt Issuance | $149M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $151M |
| FREE CASH FLOW | -$54M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67M |
| Short-Term Investments | $138M |
| Net Receivables | $16M |
| Inventory | $15M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $257M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $719.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $262M |
| Account Payables | $4M |
| Short-Term Debt | $17M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $55M |
| Long-Term Debt | $199M |
| Deferred Revenue NC | $40M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $358.0K |
| TOTAL NON-CURRENT LIABILITIES | $239M |
| TOTAL LIABILITIES | $294M |
| Common Stock | $130.0K |
| Additional Paid-In Capital | $553M |
| Retained Earnings | -$585M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$32M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$32M |
| TOTAL LIABILITIES & EQUITY | $262M |
| Total Debt | $217M |
| Net Debt | $150M |
