| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | $95M | $25M | -60.2% | 53.7% |
| Op. Income | -$87M | -$24M | -$54M | -260.9% | -59.3% |
| Gross Margin | 82.5% | 89.8% | 75.2% | -7.3pp | 7.3pp |
| Net Margin | -252.0% | -35.4% | -258.3% | -216.5pp | 6.3pp |
| EPS (Diluted) | $-9.00 | $-3.15 | $-6.30 | -185.7% | -42.9% |
| Free Cash Flow | -$53M | -$83M | -$39M | 35.4% | -38.3% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $31M |
| R&D Expenses | $99M |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $118M |
| Cost & Expenses | $125M |
| OPERATING INCOME | -$87M |
| Interest Income | $2M |
| Interest Expense | $10M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | -$96M |
| Income Tax Expense | $265.0K |
| Net Income from Continuing Ops | -$96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$96M |
| D&A | $3M |
| EBIT | -$85M |
| EBITDA | -$83M |
| EPS | -$9 |
| EPS Diluted | -$9 |
| Item | Amount |
|---|---|
| Net Income | -$96M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | -$52M |
| Capital Expenditure | -$985.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $49M |
| Other Investing Activities | $49M |
| NET CASH FROM INVESTING | $48M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $34M |
| FREE CASH FLOW | -$53M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $262M |
| Net Receivables | $16M |
| Inventory | $11M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $336M |
| PP&E (Net) | $46M |
| Goodwill | $77M |
| Intangible Assets | $0 |
| Long-Term Investments | $37M |
| Tax Assets | $0 |
| Other Non-Current Assets | $789.0K |
| TOTAL NON-CURRENT ASSETS | $161M |
| TOTAL ASSETS | $497M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $20M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $81M |
| Long-Term Debt | $246M |
| Deferred Revenue NC | $13M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $99M |
| TOTAL NON-CURRENT LIABILITIES | $358M |
| TOTAL LIABILITIES | $439M |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | -$2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58M |
| Minority Interest | $0 |
| TOTAL EQUITY | $58M |
| TOTAL LIABILITIES & EQUITY | $497M |
| Total Debt | $246M |
| Net Debt | $211M |
