| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $85M | $7M | -92.8% | -12.6% |
| Op. Income | -$8M | $70M | -$15M | -111.8% | 44.4% |
| Gross Margin | 98.5% | 100.0% | 99.2% | -1.5pp | -0.8pp |
| Net Margin | -126.3% | 81.8% | -211.2% | -208.1pp | 84.9pp |
| EPS (Diluted) | $-0.25 | $2.29 | $-0.51 | -110.9% | 51.0% |
| Free Cash Flow | -$4M | $86M | -$14M | -105.0% | 69.6% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $94.0K |
| GROSS PROFIT | $6M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$8M |
| Interest Income | $375.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $375.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | -$162.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $212.0K |
| EBIT | -$8M |
| EBITDA | -$8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $212.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$1.0K |
| Other Non-Cash Items | $1.0K |
| Change in Working Capital | $774.0K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$25.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$332.0K |
| NET CASH FROM INVESTING | -$357.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $116M |
| Short-Term Investments | $20M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $144M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $371.0K |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $151M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $33M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $49M |
| Common Stock | $240M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$91M |
| Treasury Stock | -$47M |
| Accum. Other Comp. Income | $109.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $102M |
| Minority Interest | $0 |
| TOTAL EQUITY | $102M |
| TOTAL LIABILITIES & EQUITY | $151M |
| Total Debt | $0 |
| Net Debt | -$116M |
