| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | $25M | — | 2.4% | — |
| Op. Income | -$18M | -$17M | — | -6.8% | — |
| Gross Margin | 44.2% | 50.3% | — | -6.1pp | — |
| Net Margin | -74.0% | -69.6% | — | -4.3pp | — |
| EPS (Diluted) | $-0.20 | $-0.19 | — | -5.3% | — |
| Free Cash Flow | -$16M | -$18M | — | 14.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $11M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $44M |
| OPERATING INCOME | -$18M |
| Interest Income | $0 |
| Interest Expense | $839.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $0 |
| 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 | $1M |
| EBIT | -$18M |
| EBITDA | -$17M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $435.0K |
| Change in Working Capital | -$195.0K |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $200.0K |
| NET CASH FROM FINANCING | $200.0K |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $55M |
| Net Receivables | $16M |
| Inventory | $16M |
| Other Current Assets | $476.0K |
| TOTAL CURRENT ASSETS | $109M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $29M |
| TOTAL ASSETS | $138M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $356.0K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $53M |
| Common Stock | $93.0K |
| Additional Paid-In Capital | $872M |
| Retained Earnings | -$788M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $85M |
| Minority Interest | $0 |
| TOTAL EQUITY | $85M |
| TOTAL LIABILITIES & EQUITY | $138M |
| Total Debt | $16M |
| Net Debt | -$659.0K |
