| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $33M | — | -4.4% | — |
| Op. Income | -$23M | -$22M | — | -4.7% | — |
| Gross Margin | 71.3% | 75.1% | — | -3.8pp | — |
| Net Margin | -90.9% | -80.6% | — | -10.3pp | — |
| EPS (Diluted) | $-0.23 | $-0.21 | — | -9.5% | — |
| Free Cash Flow | -$9M | -$14M | — | 34.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $23M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $55M |
| OPERATING INCOME | -$23M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $654.0K |
| EBIT | -$22M |
| EBITDA | -$22M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $654.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $108.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$424.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | -$35.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $511.0K |
| NET CASH FROM FINANCING | $476.0K |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$26.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $160M |
| Net Receivables | $18M |
| Inventory | $13M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $273M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $282M |
| Account Payables | $5M |
| Short-Term Debt | $12M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $53M |
| Long-Term Debt | $200M |
| Deferred Revenue NC | $41M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $242M |
| TOTAL LIABILITIES | $294M |
| Common Stock | $129.0K |
| Additional Paid-In Capital | $546M |
| Retained Earnings | -$558M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $83.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$12M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$12M |
| TOTAL LIABILITIES & EQUITY | $282M |
| Total Debt | $212M |
| Net Debt | $151M |
