| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $3M | $3M | 29.9% | 31.7% |
| Op. Income | -$28M | -$30M | -$26M | 5.1% | -9.2% |
| Gross Margin | -490.8% | -686.7% | -568.1% | 195.9pp | 77.3pp |
| Net Margin | -703.1% | -947.4% | -844.9% | 244.3pp | 141.8pp |
| EPS (Diluted) | $-13.80 | $-14.27 | $-12.60 | 3.3% | -9.5% |
| Free Cash Flow | -$28M | -$21M | -$28M | -30.2% | 0.6% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $23M |
| GROSS PROFIT | -$19M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $32M |
| OPERATING INCOME | -$28M |
| Interest Income | $0 |
| Interest Expense | $347.0K |
| Other Income/Expenses | $347.0K |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | $0 |
| 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 | -$28M |
| EBITDA | -$26M |
| EPS | -$14 |
| EPS Diluted | -$14 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$50.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$27M |
| Capital Expenditure | -$953.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $44M |
| Other Investing Activities | $39M |
| NET CASH FROM INVESTING | $38M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$197.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$165.0K |
| NET CASH FROM FINANCING | -$165.0K |
| FREE CASH FLOW | -$28M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $75M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $126M |
| PP&E (Net) | $31M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $33M |
| TOTAL ASSETS | $159M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $18M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $102M |
| Deferred Tax Liabilities | -$6M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $114M |
| TOTAL LIABILITIES | $149M |
| Common Stock | $40.0K |
| Additional Paid-In Capital | $328M |
| Retained Earnings | -$318M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$106.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $159M |
| Total Debt | $9M |
| Net Debt | -$39M |
