| Metric | Q1 2016 | Q4 2015 | Q1 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59M | — | — | — | — |
| Op. Income | -$9M | — | — | — | — |
| Gross Margin | 84.9% | — | — | — | — |
| Net Margin | -33.1% | — | — | — | — |
| EPS (Diluted) | $-2.10 | — | — | — | — |
| Free Cash Flow | -$25M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $50M |
| R&D Expenses | $49M |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $59M |
| Cost & Expenses | $68M |
| OPERATING INCOME | -$9M |
| Interest Income | $875.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $167.0K |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $4M |
| EBIT | -$9M |
| EBITDA | -$5M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$24M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$31M |
| Sales/Maturities of Investments | $69M |
| Other Investing Activities | $38M |
| NET CASH FROM INVESTING | $36M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $73M |
| Short-Term Investments | $216M |
| Net Receivables | $40M |
| Inventory | $11M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $345M |
| PP&E (Net) | $70M |
| Goodwill | $77M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $681.0K |
| TOTAL NON-CURRENT ASSETS | $147M |
| TOTAL ASSETS | $492M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $17M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $66M |
| Long-Term Debt | $242M |
| Deferred Revenue NC | $60M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $121M |
| TOTAL NON-CURRENT LIABILITIES | $426M |
| TOTAL LIABILITIES | $492M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$275.0K |
| Minority Interest | $0 |
| TOTAL EQUITY | -$275.0K |
| TOTAL LIABILITIES & EQUITY | $492M |
| Total Debt | $250M |
| Net Debt | $178M |
