| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $19M | $1M | 11.1% | 1816.1% |
| Op. Income | -$35M | -$44M | -$48M | 21.0% | 26.7% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -165.1% | -233.1% | -4372.0% | 68.0pp | 4207.0pp |
| EPS (Diluted) | $-0.81 | $-1.03 | $-1.28 | 21.4% | 36.7% |
| Free Cash Flow | -$41M | -$63M | -$41M | 34.9% | 0.0% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $21M |
| R&D Expenses | $46M |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $56M |
| OPERATING INCOME | -$35M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $975.0K |
| INCOME BEFORE TAX | -$34M |
| Income Tax Expense | $0 |
| 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 | $3M |
| EBIT | -$35M |
| EBITDA | -$32M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$37M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$34M |
| Sales/Maturities of Investments | $38M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $132.0K |
| NET CASH FROM FINANCING | $132.0K |
| FREE CASH FLOW | -$41M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $202M |
| Short-Term Investments | $58M |
| Net Receivables | $21M |
| Inventory | $0 |
| Other Current Assets | $214.0K |
| TOTAL CURRENT ASSETS | $286M |
| PP&E (Net) | $59M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $70M |
| TOTAL ASSETS | $355M |
| Account Payables | $986.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $48M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $73M |
| Common Stock | $422.0K |
| Additional Paid-In Capital | $728M |
| Retained Earnings | -$446M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $283M |
| Minority Interest | $0 |
| TOTAL EQUITY | $283M |
| TOTAL LIABILITIES & EQUITY | $355M |
| Total Debt | $0 |
| Net Debt | -$202M |
