| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | $30M | $33M | 14.1% | 1.2% |
| Op. Income | -$25M | -$28M | -$22M | 7.4% | -17.3% |
| Gross Margin | 76.9% | 74.5% | 75.1% | 2.4pp | 1.8pp |
| Net Margin | -91.1% | -111.3% | -80.6% | 20.1pp | -10.5pp |
| EPS (Diluted) | $-0.23 | $-0.26 | $-0.21 | 11.5% | -9.5% |
| Free Cash Flow | -$17M | -$23M | -$14M | 23.6% | -22.9% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $26M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $59M |
| OPERATING INCOME | -$25M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | $180.0K |
| Net Income from Continuing Ops | -$31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$31M |
| D&A | $570.0K |
| EBIT | -$25M |
| EBITDA | -$24M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$31M |
| Depreciation & Amortization | $570.0K |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $46.0K |
| Other Non-Cash Items | -$174.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$230.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$107M |
| Sales/Maturities of Investments | $58M |
| Other Investing Activities | -$49M |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $139M |
| NET CASH FROM FINANCING | $136M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | $70M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $115M |
| Short-Term Investments | $183M |
| Net Receivables | $14M |
| Inventory | $15M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $341M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $622.0K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $345M |
| Account Payables | $6M |
| Short-Term Debt | $46M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $83M |
| Long-Term Debt | $166M |
| Deferred Revenue NC | $38M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $710.0K |
| TOTAL NON-CURRENT LIABILITIES | $204M |
| TOTAL LIABILITIES | $287M |
| Common Stock | $142.0K |
| Additional Paid-In Capital | $707M |
| Retained Earnings | -$649M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$61.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58M |
| Minority Interest | $0 |
| TOTAL EQUITY | $58M |
| TOTAL LIABILITIES & EQUITY | $345M |
| Total Debt | $211M |
| Net Debt | $96M |
