| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $384M | $326M | $263M | 17.6% | 45.8% |
| Op. Income | -$126M | $49M | $36M | -355.9% | -449.5% |
| Gross Margin | 93.6% | 91.3% | 97.7% | 2.3pp | -4.1pp |
| Net Margin | -48.7% | 2.7% | 9.1% | -51.4pp | -57.8pp |
| EPS (Diluted) | $-0.96 | $0.05 | $0.12 | -2020.0% | -900.0% |
| Free Cash Flow | -$195M | $79M | $92M | -347.9% | -311.6% |
| Item | Amount |
|---|---|
| REVENUE | $384M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $360M |
| R&D Expenses | $408M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $78M |
| Other Expenses | $0 |
| Operating Expenses | $486M |
| Cost & Expenses | $510M |
| OPERATING INCOME | -$126M |
| Interest Income | $1M |
| Interest Expense | $6M |
| Other Income/Expenses | -$72M |
| INCOME BEFORE TAX | -$198M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | -$187M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$187M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$187M |
| D&A | $15M |
| EBIT | -$192M |
| EBITDA | -$177M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$187M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | $60M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$100M |
| OPERATING CASH FLOW | -$174M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $21M |
| Purchases of Investments | -$230M |
| Sales/Maturities of Investments | $112M |
| Other Investing Activities | -$21M |
| NET CASH FROM INVESTING | -$139M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $22M |
| FREE CASH FLOW | -$195M |
| Net Change in Cash | -$291M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $362M |
| Short-Term Investments | $150M |
| Net Receivables | $245M |
| Inventory | $4M |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $819M |
| PP&E (Net) | $193M |
| Goodwill | $156M |
| Intangible Assets | $265M |
| Long-Term Investments | $158M |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $788M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $86M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $76M |
| TOTAL CURRENT LIABILITIES | $305M |
| Long-Term Debt | $42M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $295M |
| TOTAL NON-CURRENT LIABILITIES | $337M |
| TOTAL LIABILITIES | $641M |
| Common Stock | $205.0K |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | -$1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $966M |
| Minority Interest | $0 |
| TOTAL EQUITY | $966M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $42M |
| Net Debt | -$320M |
