| Metric | FY 2014 | Prior Q | FY 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $201M | — | $149M | — | 34.8% |
| Op. Income | -$16M | — | -$120M | — | 86.3% |
| Gross Margin | 85.8% | — | 74.1% | — | 11.6pp |
| Net Margin | -26.9% | — | -108.8% | — | 81.9pp |
| EPS (Diluted) | $-6.30 | — | $-21.00 | — | 70.0% |
| Free Cash Flow | -$152M | — | -$43M | — | -256.6% |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $172M |
| R&D Expenses | $148M |
| Selling & Marketing | $0 |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | $0 |
| Operating Expenses | $189M |
| Cost & Expenses | $217M |
| OPERATING INCOME | -$16M |
| Interest Income | $814.0K |
| Interest Expense | $39M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | -$54M |
| Income Tax Expense | -$512.0K |
| Net Income from Continuing Ops | -$54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$54M |
| D&A | $13M |
| EBIT | -$16M |
| EBITDA | -$3M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$54M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$116M |
| OPERATING CASH FLOW | -$142M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$297M |
| Sales/Maturities of Investments | $270M |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $47M |
| NET CASH FROM FINANCING | $153M |
| FREE CASH FLOW | -$152M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $225M |
| Net Receivables | $4M |
| Inventory | $13M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $288M |
| PP&E (Net) | $70M |
| Goodwill | $77M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $153M |
| TOTAL ASSETS | $442M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $24M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $64M |
| Long-Term Debt | $125M |
| Deferred Revenue NC | $77M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $135M |
| TOTAL NON-CURRENT LIABILITIES | $341M |
| TOTAL LIABILITIES | $405M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $36M |
| Minority Interest | $0 |
| TOTAL EQUITY | $36M |
| TOTAL LIABILITIES & EQUITY | $442M |
| Total Debt | $134M |
| Net Debt | $121M |
