| Metric | FY 2016 | Prior Q | FY 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $165M | — | $231M | — | -28.3% |
| Op. Income | -$113M | — | -$29M | — | -284.2% |
| Gross Margin | 81.7% | — | 85.2% | — | -3.5pp |
| Net Margin | -92.8% | — | -35.2% | — | -57.6pp |
| EPS (Diluted) | $-16.50 | — | $-9.15 | — | -80.3% |
| Free Cash Flow | -$123M | — | -$84M | — | -46.4% |
| Item | Amount |
|---|---|
| REVENUE | $165M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $135M |
| R&D Expenses | $204M |
| Selling & Marketing | $0 |
| General & Administrative | $44M |
| SG&A Expenses | $44M |
| Other Expenses | $0 |
| Operating Expenses | $248M |
| Cost & Expenses | $278M |
| OPERATING INCOME | -$113M |
| Interest Income | $2M |
| Interest Expense | $42M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | -$153M |
| Income Tax Expense | $876.0K |
| Net Income from Continuing Ops | -$154M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$154M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$154M |
| D&A | $13M |
| EBIT | -$110M |
| EBITDA | -$97M |
| EPS | -$17 |
| EPS Diluted | -$17 |
| Item | Amount |
|---|---|
| Net Income | -$154M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | -$117M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$335M |
| Sales/Maturities of Investments | $259M |
| Other Investing Activities | -$76M |
| NET CASH FROM INVESTING | -$82M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $20M |
| NET CASH FROM FINANCING | $204M |
| FREE CASH FLOW | -$123M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $329M |
| Net Receivables | $16M |
| Inventory | $11M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $426M |
| PP&E (Net) | $66M |
| Goodwill | $77M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $517.0K |
| TOTAL NON-CURRENT ASSETS | $143M |
| TOTAL ASSETS | $569M |
| Account Payables | $3M |
| Short-Term Debt | $3M |
| Deferred Revenue | $14M |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $72M |
| Long-Term Debt | $243M |
| Deferred Revenue NC | $52M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $111M |
| TOTAL NON-CURRENT LIABILITIES | $409M |
| TOTAL LIABILITIES | $481M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $88M |
| Minority Interest | $0 |
| TOTAL EQUITY | $88M |
| TOTAL LIABILITIES & EQUITY | $569M |
| Total Debt | $249M |
| Net Debt | $189M |
