| Metric | FY 2018 | Prior Q | FY 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $152M | — | $317M | — | -52.0% |
| Op. Income | -$69M | — | $81M | — | -185.6% |
| Gross Margin | 93.3% | — | 90.2% | — | 3.2pp |
| Net Margin | -52.9% | — | 19.9% | — | -72.8pp |
| EPS (Diluted) | $-0.56 | — | $0.45 | — | -224.4% |
| Free Cash Flow | -$54M | — | $133M | — | -140.8% |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $142M |
| R&D Expenses | $150M |
| Selling & Marketing | $0 |
| General & Administrative | $61M |
| SG&A Expenses | $61M |
| Other Expenses | $0 |
| Operating Expenses | $211M |
| Cost & Expenses | $221M |
| OPERATING INCOME | -$69M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$80M |
| Income Tax Expense | $537.0K |
| Net Income from Continuing Ops | -$80M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$80M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$80M |
| D&A | $2M |
| EBIT | -$69M |
| EBITDA | -$69M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$80M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $36M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$50M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$311M |
| Sales/Maturities of Investments | $318M |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$78M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | -$64M |
| FREE CASH FLOW | -$54M |
| Net Change in Cash | -$111M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $58M |
| Short-Term Investments | $297M |
| Net Receivables | $30M |
| Inventory | $23M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $428M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $440M |
| Account Payables | $4M |
| Short-Term Debt | $92M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $149M |
| Long-Term Debt | $35M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $42M |
| TOTAL LIABILITIES | $191M |
| Common Stock | $145.0K |
| Additional Paid-In Capital | $780M |
| Retained Earnings | -$531M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$277.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $249M |
| Minority Interest | $0 |
| TOTAL EQUITY | $249M |
| TOTAL LIABILITIES & EQUITY | $440M |
| Total Debt | $126M |
| Net Debt | $68M |
