| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36M | $33M | — | 10.9% | — |
| Op. Income | -$33M | -$38M | — | 14.2% | — |
| Gross Margin | 80.6% | 76.5% | — | 4.2pp | — |
| Net Margin | -119.0% | -148.3% | — | 29.4pp | — |
| EPS (Diluted) | $-4.80 | $-5.40 | — | 11.1% | — |
| Free Cash Flow | -$28M | -$15M | — | -83.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $29M |
| R&D Expenses | $52M |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $69M |
| OPERATING INCOME | -$33M |
| Interest Income | $332.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$43M |
| Income Tax Expense | $139.0K |
| Net Income from Continuing Ops | -$43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$43M |
| D&A | $4M |
| EBIT | -$33M |
| EBITDA | -$29M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$43M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | -$27M |
| Capital Expenditure | -$507.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$70M |
| Sales/Maturities of Investments | $99M |
| Other Investing Activities | $29M |
| NET CASH FROM INVESTING | $28M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$28M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $190M |
| Net Receivables | $14M |
| Inventory | $11M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $283M |
| PP&E (Net) | $66M |
| Goodwill | $77M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $519.0K |
| TOTAL NON-CURRENT ASSETS | $143M |
| TOTAL ASSETS | $425M |
| Account Payables | $7M |
| Short-Term Debt | $2M |
| Deferred Revenue | $14M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $76M |
| Long-Term Debt | $243M |
| Deferred Revenue NC | $57M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $114M |
| TOTAL NON-CURRENT LIABILITIES | $417M |
| TOTAL LIABILITIES | $493M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$68M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$68M |
| TOTAL LIABILITIES & EQUITY | $425M |
| Total Debt | $248M |
| Net Debt | $184M |
