| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | — | $32M | — | 33.2% |
| Op. Income | -$24M | — | -$31M | — | 23.9% |
| Gross Margin | -23.4% | — | -58.6% | — | 35.2pp |
| Net Margin | -52.0% | — | -106.5% | — | 54.5pp |
| EPS (Diluted) | $-0.27 | — | $-0.53 | — | 49.1% |
| Free Cash Flow | -$5M | — | -$19M | — | 74.9% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $52M |
| GROSS PROFIT | -$10M |
| R&D Expenses | $52M |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $66M |
| OPERATING INCOME | -$24M |
| Interest Income | $4M |
| Interest Expense | $2M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | $156.0K |
| Net Income from Continuing Ops | -$22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $2M |
| EBIT | -$20M |
| EBITDA | -$19M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $340.0K |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$67.0K |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $20M |
| Net Debt Issuance | -$101.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $674M |
| Short-Term Investments | $62M |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $749M |
| PP&E (Net) | $129M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $150M |
| TOTAL ASSETS | $899M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | $45M |
| TOTAL CURRENT LIABILITIES | $77M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $112M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $239M |
| TOTAL LIABILITIES | $316M |
| Common Stock | $825.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$596M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $563M |
| Minority Interest | $19M |
| TOTAL EQUITY | $582M |
| TOTAL LIABILITIES & EQUITY | $899M |
| Total Debt | $98M |
| Net Debt | -$576M |
