| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $89M | $82M | $65M | 8.3% | 37.1% |
| Op. Income | -$11M | -$8M | -$11M | -32.2% | 4.1% |
| Gross Margin | 79.1% | 79.2% | 76.6% | -0.1pp | 2.5pp |
| Net Margin | -10.7% | -9.8% | -17.0% | -0.9pp | 6.3pp |
| EPS (Diluted) | $-0.26 | $-0.22 | $-0.32 | -18.2% | 18.8% |
| Free Cash Flow | $2M | $12M | $3M | -84.9% | -40.1% |
| Item | Amount |
|---|---|
| REVENUE | $89M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $71M |
| R&D Expenses | $16M |
| Selling & Marketing | $51M |
| General & Administrative | $14M |
| SG&A Expenses | $65M |
| Other Expenses | $0 |
| Operating Expenses | $81M |
| Cost & Expenses | $100M |
| OPERATING INCOME | -$11M |
| Interest Income | $734.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $4M |
| EBIT | -$10M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$290M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$275M |
| Net Debt Issuance | $389M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$80M |
| NET CASH FROM FINANCING | $371M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $106M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $176M |
| Short-Term Investments | $317M |
| Net Receivables | $38M |
| Inventory | $0 |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $564M |
| PP&E (Net) | $38M |
| Goodwill | $10M |
| Intangible Assets | $8M |
| Long-Term Investments | $42M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $104M |
| TOTAL ASSETS | $668M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $110M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $154M |
| Long-Term Debt | $289M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $310M |
| TOTAL LIABILITIES | $464M |
| Common Stock | $36.0K |
| Additional Paid-In Capital | $468M |
| Retained Earnings | -$264M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$266.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $204M |
| Minority Interest | $0 |
| TOTAL EQUITY | $204M |
| TOTAL LIABILITIES & EQUITY | $668M |
| Total Debt | $290M |
| Net Debt | $114M |
