| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $12M | $2M | 38.2% | 573.6% |
| Op. Income | -$90M | -$90M | -$97M | -0.8% | 6.7% |
| Gross Margin | 96.9% | 97.7% | 100.0% | -0.8pp | -3.1pp |
| Net Margin | -540.1% | -742.2% | -3385.7% | 202.1pp | 2845.6pp |
| EPS (Diluted) | $-1.73 | $-1.74 | $-1.89 | 0.6% | 8.5% |
| Free Cash Flow | -$57M | -$70M | -$83M | 18.7% | 31.0% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $507.0K |
| GROSS PROFIT | $16M |
| R&D Expenses | $72M |
| Selling & Marketing | $0 |
| General & Administrative | $34M |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $106M |
| Cost & Expenses | $107M |
| OPERATING INCOME | -$90M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$88M |
| Income Tax Expense | $126.0K |
| Net Income from Continuing Ops | -$88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$88M |
| D&A | $3M |
| EBIT | -$90M |
| EBITDA | -$87M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$88M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$11.0K |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | -$56M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $85M |
| Other Investing Activities | $75M |
| NET CASH FROM INVESTING | $74M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$57M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $346M |
| Net Receivables | $13M |
| Inventory | $7M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $522M |
| PP&E (Net) | $20M |
| Goodwill | $44M |
| Intangible Assets | $129M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $197M |
| TOTAL ASSETS | $720M |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $75M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $111M |
| Common Stock | $51.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$633.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $609M |
| Minority Interest | $0 |
| TOTAL EQUITY | $609M |
| TOTAL LIABILITIES & EQUITY | $720M |
| Total Debt | $0 |
| Net Debt | -$113M |
