| Metric | Q2 2016 | Q1 2016 | Q2 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $42M | — | -21.6% | — |
| Op. Income | -$22M | -$16M | — | -34.3% | — |
| Gross Margin | 75.1% | 81.7% | — | -6.7pp | — |
| Net Margin | -80.6% | -46.6% | — | -34.0pp | — |
| EPS (Diluted) | $-0.21 | $-0.16 | — | -31.2% | — |
| Free Cash Flow | -$14M | -$14M | — | 0.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $25M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $55M |
| OPERATING INCOME | -$22M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$27M |
| Income Tax Expense | $300.0K |
| Net Income from Continuing Ops | -$27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$27M |
| D&A | $623.0K |
| EBIT | -$21M |
| EBITDA | -$21M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$27M |
| Depreciation & Amortization | $623.0K |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $184.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $732.0K |
| NET CASH FROM INVESTING | -$435.0K |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $826.0K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $169M |
| Net Receivables | $23M |
| Inventory | $11M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $284M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $296M |
| Account Payables | $4M |
| Short-Term Debt | $3M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $205M |
| Deferred Revenue NC | $42M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $600.0K |
| TOTAL NON-CURRENT LIABILITIES | $247M |
| TOTAL LIABILITIES | $286M |
| Common Stock | $129.0K |
| Additional Paid-In Capital | $539M |
| Retained Earnings | -$529M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $216.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $296M |
| Total Debt | $208M |
| Net Debt | $147M |
