| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $326M | $384M | $246M | -15.0% | 32.5% |
| Op. Income | $14M | -$126M | $45M | 111.4% | -67.9% |
| Gross Margin | 91.7% | 93.6% | 95.0% | -2.0pp | -3.3pp |
| Net Margin | -3.8% | -48.7% | 14.0% | 44.9pp | -17.8pp |
| EPS (Diluted) | $-0.06 | $-0.96 | $0.18 | 93.7% | -133.8% |
| Free Cash Flow | $86M | -$195M | -$65M | 144.3% | 233.5% |
| Item | Amount |
|---|---|
| REVENUE | $326M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $299M |
| R&D Expenses | $202M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | $0 |
| Operating Expenses | $285M |
| Cost & Expenses | $312M |
| OPERATING INCOME | $14M |
| Interest Income | $4M |
| Interest Expense | $384.0K |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $12M |
| EBIT | -$9M |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | $20M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $56M |
| OPERATING CASH FLOW | $117M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $30M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$30M |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | $86M |
| Net Change in Cash | $90M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $452M |
| Short-Term Investments | $157M |
| Net Receivables | $170M |
| Inventory | $3M |
| Other Current Assets | $64M |
| TOTAL CURRENT ASSETS | $845M |
| PP&E (Net) | $219M |
| Goodwill | $156M |
| Intangible Assets | $260M |
| Long-Term Investments | $144M |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $795M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $69M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $74M |
| TOTAL CURRENT LIABILITIES | $293M |
| Long-Term Debt | $23M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $296M |
| TOTAL NON-CURRENT LIABILITIES | $319M |
| TOTAL LIABILITIES | $613M |
| Common Stock | $205.0K |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | -$1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $23M |
| Net Debt | -$428M |
