| Metric | FY 2012 | Prior Q | FY 2011 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $297M | — | $94M | — | 214.5% |
| Op. Income | $1M | — | -$142M | — | 100.8% |
| Gross Margin | 89.9% | — | 71.4% | — | 18.4pp |
| Net Margin | -14.9% | — | -197.5% | — | 182.6pp |
| EPS (Diluted) | $-0.34 | — | $-1.49 | — | 77.2% |
| Free Cash Flow | -$98M | — | -$166M | — | 41.0% |
| Item | Amount |
|---|---|
| REVENUE | $297M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $267M |
| R&D Expenses | $210M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $266M |
| Cost & Expenses | $296M |
| OPERATING INCOME | $1M |
| Interest Income | $164.0K |
| Interest Expense | $46M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | -$44M |
| Income Tax Expense | $174.0K |
| Net Income from Continuing Ops | -$44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$44M |
| D&A | $30M |
| EBIT | $2M |
| EBITDA | $32M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$44M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $38M |
| Deferred Income Tax | -$31M |
| Other Non-Cash Items | $30M |
| Change in Working Capital | -$118M |
| OPERATING CASH FLOW | -$95M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$9.0K |
| Sales/Maturities of Investments | $860.0K |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $48M |
| FREE CASH FLOW | -$98M |
| Net Change in Cash | -$49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $224M |
| Short-Term Investments | $4M |
| Net Receivables | $71M |
| Inventory | $278.0K |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $310M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $21M |
| TOTAL ASSETS | $330M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $66M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $136M |
| Long-Term Debt | $331M |
| Deferred Revenue NC | $38M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $369M |
| TOTAL LIABILITIES | $505M |
| Common Stock | $133.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$175M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$175M |
| TOTAL LIABILITIES & EQUITY | $330M |
| Total Debt | $331M |
| Net Debt | $107M |
