| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $2M | — | 370.5% | — |
| Op. Income | -$35M | -$34M | — | -2.8% | — |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | -367.1% | -1680.5% | — | 1313.5pp | — |
| EPS (Diluted) | $-0.99 | $-0.97 | — | -2.1% | — |
| Free Cash Flow | -$29M | $48M | — | -161.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $9M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $455.0K |
| Operating Expenses | $45M |
| Cost & Expenses | $45M |
| OPERATING INCOME | -$35M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $455.0K |
| INCOME BEFORE TAX | -$35M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$35M |
| D&A | $2M |
| EBIT | -$35M |
| EBITDA | -$33M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$35M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$28M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$78M |
| Sales/Maturities of Investments | $81M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $492.0K |
| NET CASH FROM FINANCING | $492.0K |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $84M |
| Short-Term Investments | $193M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $704.0K |
| TOTAL CURRENT ASSETS | $284M |
| PP&E (Net) | $18M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $27M |
| TOTAL ASSETS | $311M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $10M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $596.0K |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $43M |
| Common Stock | $349.0K |
| Additional Paid-In Capital | $561M |
| Retained Earnings | -$293M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$82.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $269M |
| Minority Interest | $0 |
| TOTAL EQUITY | $269M |
| TOTAL LIABILITIES & EQUITY | $311M |
| Total Debt | $2M |
| Net Debt | -$82M |
