| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $30M | $24M | 6.0% | 30.6% |
| Op. Income | -$31M | -$22M | -$48M | -41.5% | 35.4% |
| Gross Margin | -58.6% | -34.7% | -145.2% | -23.8pp | 86.6pp |
| Net Margin | -106.5% | -80.2% | -210.2% | -26.3pp | 103.6pp |
| EPS (Diluted) | $-0.53 | $-0.38 | $-0.83 | -39.5% | 36.1% |
| Free Cash Flow | -$19M | -$2M | -$40M | -908.1% | 52.8% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $51M |
| GROSS PROFIT | -$19M |
| R&D Expenses | $51M |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $63M |
| Cost & Expenses | $63M |
| OPERATING INCOME | -$31M |
| Interest Income | $217.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$34M |
| Income Tax Expense | $189.0K |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $2M |
| EBIT | -$31M |
| EBITDA | -$30M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $160.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$146.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$101.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$498.0K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $174M |
| Short-Term Investments | $79M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $267M |
| PP&E (Net) | $124M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $71M |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $203M |
| TOTAL ASSETS | $470M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | $37M |
| TOTAL CURRENT LIABILITIES | $65M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $107M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $229M |
| TOTAL LIABILITIES | $294M |
| Common Stock | $637.0K |
| Additional Paid-In Capital | $626M |
| Retained Earnings | -$470M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$960.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $156M |
| Minority Interest | $19M |
| TOTAL EQUITY | $175M |
| TOTAL LIABILITIES & EQUITY | $470M |
| Total Debt | $97M |
| Net Debt | -$76M |
