| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $64M | $34M | $32M | 88.8% | 100.1% |
| Op. Income | $8M | -$25M | -$23M | 131.7% | 135.5% |
| Gross Margin | 86.9% | 76.9% | 71.3% | 10.0pp | 15.6pp |
| Net Margin | 4.3% | -91.1% | -90.9% | 95.5pp | 95.2pp |
| EPS (Diluted) | $0.02 | $-0.23 | $-0.23 | 108.7% | 108.7% |
| Free Cash Flow | $20M | -$17M | -$9M | 216.7% | 319.1% |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $55M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $580.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $496.0K |
| EBIT | $9M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $55M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $580.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $496.0K |
| EBIT | $9M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $496.0K |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$156.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$161.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$37M |
| Sales/Maturities of Investments | $67M |
| Other Investing Activities | $30M |
| NET CASH FROM INVESTING | $30M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$890.0K |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $164M |
| Short-Term Investments | $153M |
| Net Receivables | $15M |
| Inventory | $9M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $353M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $572.0K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $357M |
| Account Payables | $4M |
| Short-Term Debt | $61M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $102M |
| Long-Term Debt | $145M |
| Deferred Revenue NC | $37M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $540.0K |
| TOTAL NON-CURRENT LIABILITIES | $183M |
| TOTAL LIABILITIES | $285M |
| Common Stock | $142.0K |
| Additional Paid-In Capital | $719M |
| Retained Earnings | -$646M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$53.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $72M |
| Minority Interest | $0 |
| TOTAL EQUITY | $72M |
| TOTAL LIABILITIES & EQUITY | $357M |
| Total Debt | $207M |
| Net Debt | $42M |
