| Metric | Q1 2016 | Q4 2015 | Q1 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $24M | — | 15.7% | — |
| Op. Income | -$27M | -$48M | — | 44.7% | — |
| Gross Margin | -54.3% | -145.2% | — | 90.8pp | — |
| Net Margin | -98.4% | -210.2% | — | 111.7pp | — |
| EPS (Diluted) | $-0.45 | $-0.83 | — | 45.8% | — |
| Free Cash Flow | -$18M | -$40M | — | 54.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $44M |
| GROSS PROFIT | -$15M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $55M |
| OPERATING INCOME | -$27M |
| Interest Income | $1M |
| Interest Expense | $3M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | -$305.0K |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $2M |
| EBIT | -$25M |
| EBITDA | -$25M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$339.0K |
| Other Non-Cash Items | $75.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$898.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19.0K |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | -$101.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$149.0K |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $141M |
| Short-Term Investments | $32M |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $184M |
| PP&E (Net) | $128M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $122M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $259M |
| TOTAL ASSETS | $443M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $13M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $85M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $208M |
| TOTAL LIABILITIES | $266M |
| Common Stock | $624.0K |
| Additional Paid-In Capital | $594M |
| Retained Earnings | -$436M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $157M |
| Minority Interest | $19M |
| TOTAL EQUITY | $176M |
| TOTAL LIABILITIES & EQUITY | $443M |
| Total Debt | $97M |
| Net Debt | -$44M |
