| Metric | Q2 2016 | Q1 2016 | Q2 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $89M | $28M | — | 215.7% | — |
| Op. Income | $27M | -$27M | — | 199.0% | — |
| Gross Margin | 41.3% | -54.3% | — | 95.7pp | — |
| Net Margin | 27.2% | -98.4% | — | 125.7pp | — |
| EPS (Diluted) | $0.35 | $-0.45 | — | 177.8% | — |
| Free Cash Flow | $45M | -$18M | — | 345.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $89M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $37M |
| R&D Expenses | $52M |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $63M |
| Cost & Expenses | $63M |
| OPERATING INCOME | $27M |
| Interest Income | $129.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | -$113.0K |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $2M |
| EBIT | $27M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $89M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $37M |
| R&D Expenses | $52M |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $63M |
| Cost & Expenses | $63M |
| OPERATING INCOME | $27M |
| Interest Income | $129.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | -$113.0K |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $2M |
| EBIT | $27M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$140.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$121.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$27.0K |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$100.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$530.0K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | $49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $190M |
| Short-Term Investments | $40M |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $252M |
| PP&E (Net) | $126M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $112M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $247M |
| TOTAL ASSETS | $499M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $15M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $66M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $98M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $220M |
| TOTAL LIABILITIES | $287M |
| Common Stock | $627.0K |
| Additional Paid-In Capital | $605M |
| Retained Earnings | -$412M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $193M |
| Minority Interest | $19M |
| TOTAL EQUITY | $212M |
| TOTAL LIABILITIES & EQUITY | $499M |
| Total Debt | $97M |
| Net Debt | -$93M |
