| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $61M | $6M | $0 | 859.3% | — |
| Op. Income | -$6M | -$57M | -$38M | 89.5% | 84.4% |
| Gross Margin | 99.3% | 99.0% | — | 0.3pp | — |
| Net Margin | -18.3% | -946.9% | — | 928.6pp | — |
| EPS (Diluted) | $-0.13 | $-0.68 | $-0.43 | 80.9% | 69.8% |
| Free Cash Flow | -$12M | -$49M | -$32M | 75.1% | 61.9% |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $433.0K |
| GROSS PROFIT | $60M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $44M |
| SG&A Expenses | $44M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $67M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $616.0K |
| EBIT | -$4M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $616.0K |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$80M |
| Sales/Maturities of Investments | $47M |
| Other Investing Activities | $7.0K |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $268M |
| Short-Term Investments | $243M |
| Net Receivables | $30M |
| Inventory | $242.0K |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $548M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $210M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $224M |
| TOTAL ASSETS | $772M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $38M |
| TOTAL CURRENT LIABILITIES | $38M |
| Long-Term Debt | $365M |
| Deferred Revenue NC | $10M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $387M |
| TOTAL LIABILITIES | $425M |
| Common Stock | $88.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$534.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $348M |
| Minority Interest | $0 |
| TOTAL EQUITY | $348M |
| TOTAL LIABILITIES & EQUITY | $772M |
| Total Debt | $365M |
| Net Debt | $97M |
