| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $2M | $0 | 342.3% | — |
| Op. Income | -$96M | -$97M | -$70M | 0.4% | -37.9% |
| Gross Margin | 97.9% | 100.0% | — | -2.1pp | — |
| Net Margin | 283.3% | -3385.7% | — | 3669.1pp | — |
| EPS (Diluted) | $0.62 | $-1.89 | $-1.63 | 132.8% | 138.0% |
| Free Cash Flow | -$90M | -$83M | -$62M | -8.7% | -45.8% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $225.0K |
| GROSS PROFIT | $10M |
| R&D Expenses | $76M |
| Selling & Marketing | $0 |
| General & Administrative | $31M |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $107M |
| Cost & Expenses | $107M |
| OPERATING INCOME | -$96M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $127M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $39.0K |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $6M |
| EBIT | -$96M |
| EBITDA | -$90M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$125M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | -$89M |
| Capital Expenditure | -$475.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$261M |
| Sales/Maturities of Investments | $60M |
| Other Investing Activities | $130M |
| NET CASH FROM INVESTING | -$71M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $286M |
| FREE CASH FLOW | -$90M |
| Net Change in Cash | $126M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $227M |
| Short-Term Investments | $315M |
| Net Receivables | $4M |
| Inventory | $2M |
| Other Current Assets | $542.0K |
| TOTAL CURRENT ASSETS | $582M |
| PP&E (Net) | $21M |
| Goodwill | $44M |
| Intangible Assets | $137M |
| Long-Term Investments | $30M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $236M |
| TOTAL ASSETS | $817M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $94M |
| Common Stock | $50.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$802M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$946.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $724M |
| Minority Interest | $0 |
| TOTAL EQUITY | $724M |
| TOTAL LIABILITIES & EQUITY | $817M |
| Total Debt | $0 |
| Net Debt | -$227M |
