| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $40M | $1M | -86.7% | 297.2% |
| Op. Income | -$23M | $6M | -$21M | -457.9% | -6.6% |
| Gross Margin | 90.3% | 90.3% | 48.9% | -0.1pp | 41.4pp |
| Net Margin | -361.9% | 26.5% | -1549.9% | -388.4pp | 1188.0pp |
| EPS (Diluted) | $-0.56 | $0.30 | $-0.67 | -286.7% | 16.4% |
| Free Cash Flow | -$23M | $68M | -$18M | -133.9% | -30.4% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $517.0K |
| GROSS PROFIT | $5M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $28M |
| OPERATING INCOME | -$23M |
| Interest Income | $109.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | -$1M |
| 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 | $941.0K |
| EBIT | -$23M |
| EBITDA | -$22M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $941.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $186.0K |
| Other Non-Cash Items | -$110.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$181M |
| Sales/Maturities of Investments | $47M |
| Other Investing Activities | -$133M |
| NET CASH FROM INVESTING | -$137M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $192M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | $36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $142M |
| Short-Term Investments | $230M |
| Net Receivables | $3M |
| Inventory | $6M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $386M |
| PP&E (Net) | $20M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $102M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $129M |
| TOTAL ASSETS | $515M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $600.0K |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $21M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $582M |
| Retained Earnings | -$87M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$874.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $494M |
| Minority Interest | $0 |
| TOTAL EQUITY | $494M |
| TOTAL LIABILITIES & EQUITY | $515M |
| Total Debt | $0 |
| Net Debt | -$142M |
