| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $95M | $153M | $37M | -37.6% | 154.9% |
| Op. Income | -$24M | $69M | -$32M | -134.6% | 25.2% |
| Gross Margin | 89.8% | 96.3% | 82.4% | -6.5pp | 7.4pp |
| Net Margin | -35.4% | 39.8% | -112.7% | -75.2pp | 77.2pp |
| EPS (Diluted) | $-3.15 | $5.55 | $-4.20 | -156.8% | 25.0% |
| Free Cash Flow | -$83M | $92M | -$55M | -189.9% | -50.4% |
| Item | Amount |
|---|---|
| REVENUE | $95M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $86M |
| R&D Expenses | $81M |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $94M |
| Cost & Expenses | $104M |
| OPERATING INCOME | -$24M |
| Interest Income | $1M |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$34M |
| Income Tax Expense | $182.0K |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $3M |
| EBIT | -$23M |
| EBITDA | -$20M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$72M |
| OPERATING CASH FLOW | -$80M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$90M |
| Sales/Maturities of Investments | $115M |
| Other Investing Activities | $25M |
| NET CASH FROM INVESTING | $23M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $24M |
| FREE CASH FLOW | -$83M |
| Net Change in Cash | -$33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $291M |
| Net Receivables | $5M |
| Inventory | $11M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $327M |
| PP&E (Net) | $47M |
| Goodwill | $77M |
| Intangible Assets | $0 |
| Long-Term Investments | $57M |
| Tax Assets | $0 |
| Other Non-Current Assets | $994.0K |
| TOTAL NON-CURRENT ASSETS | $182M |
| TOTAL ASSETS | $509M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $19M |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $56M |
| Long-Term Debt | $245M |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $101M |
| TOTAL NON-CURRENT LIABILITIES | $365M |
| TOTAL LIABILITIES | $421M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | -$2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $88M |
| Minority Interest | $0 |
| TOTAL EQUITY | $88M |
| TOTAL LIABILITIES & EQUITY | $509M |
| Total Debt | $245M |
| Net Debt | $240M |
