| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $29M | — | -0.6% | — |
| Op. Income | -$97M | -$77M | — | -25.3% | — |
| Gross Margin | -262.1% | -210.4% | — | -51.8pp | — |
| Net Margin | -314.0% | -249.2% | — | -64.8pp | — |
| EPS (Diluted) | $-0.24 | $-0.19 | — | -26.3% | — |
| Free Cash Flow | -$82M | -$143M | — | 42.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $104M |
| GROSS PROFIT | -$76M |
| R&D Expenses | $104M |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | -$104M |
| Operating Expenses | $21M |
| Cost & Expenses | $126M |
| OPERATING INCOME | -$97M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | -$90M |
| Income Tax Expense | $158.0K |
| Net Income from Continuing Ops | -$91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$94M |
| D&A | $6M |
| EBIT | -$90M |
| EBITDA | -$85M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$91M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$448.0K |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | -$48M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$178M |
| Sales/Maturities of Investments | $200M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $48.0K |
| NET CASH FROM FINANCING | $110M |
| FREE CASH FLOW | -$82M |
| Net Change in Cash | $50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $141M |
| Short-Term Investments | $974M |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $202M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $222M |
| Tax Assets | $0 |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $439M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $28M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $139M |
| TOTAL CURRENT LIABILITIES | $200M |
| Long-Term Debt | $27M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $226M |
| TOTAL NON-CURRENT LIABILITIES | $253M |
| TOTAL LIABILITIES | $453M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $98M |
| Retained Earnings | -$785M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $27M |
| Net Debt | -$114M |
