| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $4M | $3M | 16.1% | 53.0% |
| Op. Income | -$28M | -$28M | -$28M | 0.5% | 1.0% |
| Gross Margin | -421.5% | -490.8% | -665.1% | 69.3pp | 243.6pp |
| Net Margin | -602.5% | -703.1% | -929.6% | 100.6pp | 327.1pp |
| EPS (Diluted) | $-13.60 | $-13.80 | $-13.80 | 1.4% | 1.4% |
| Free Cash Flow | -$26M | -$28M | -$27M | 4.8% | 2.1% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $24M |
| GROSS PROFIT | -$19M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $33M |
| OPERATING INCOME | -$28M |
| Interest Income | $349.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $349.0K |
| 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 | -$82.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$26M |
| Capital Expenditure | -$702.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $47M |
| Other Investing Activities | $37M |
| NET CASH FROM INVESTING | $36M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $64.0K |
| NET CASH FROM FINANCING | $90.0K |
| FREE CASH FLOW | -$26M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $58M |
| Short-Term Investments | $38M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $102M |
| PP&E (Net) | $30M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $31M |
| TOTAL ASSETS | $133M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $18M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $98M |
| Deferred Tax Liabilities | -$6M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $109M |
| TOTAL LIABILITIES | $146M |
| Common Stock | $40.0K |
| Additional Paid-In Capital | $333M |
| Retained Earnings | -$346M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$13M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$13M |
| TOTAL LIABILITIES & EQUITY | $133M |
| Total Debt | $8M |
| Net Debt | -$50M |
