| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | $56M | $99M | 5.8% | -39.7% |
| Op. Income | -$19M | -$21M | $17M | 8.8% | -215.9% |
| Gross Margin | 79.0% | 70.1% | 69.6% | 8.9pp | 9.4pp |
| Net Margin | -175.5% | -27.2% | 7.8% | -148.3pp | -183.3pp |
| EPS (Diluted) | $-0.97 | $-0.14 | $0.07 | -592.9% | -1485.7% |
| Free Cash Flow | $29M | $61.0K | $13M | 47559.0% | 119.7% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $47M |
| R&D Expenses | $43M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $79M |
| OPERATING INCOME | -$19M |
| Interest Income | $8M |
| Interest Expense | $4M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | -$105M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$105M |
| D&A | $8M |
| EBIT | -$11M |
| EBITDA | -$3M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$105M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $89M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$114M |
| Sales/Maturities of Investments | $50M |
| Other Investing Activities | -$64M |
| NET CASH FROM INVESTING | -$66M |
| Net Debt Issuance | -$81M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$79M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | -$114M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $135M |
| Short-Term Investments | $114M |
| Net Receivables | $207M |
| Inventory | $6M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $476M |
| PP&E (Net) | $49M |
| Goodwill | $208M |
| Intangible Assets | $65M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $541M |
| TOTAL NON-CURRENT ASSETS | $868M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $13M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $59M |
| Long-Term Debt | $177M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $63M |
| TOTAL NON-CURRENT LIABILITIES | $276M |
| TOTAL LIABILITIES | $335M |
| Common Stock | $109.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$202M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $177M |
| Net Debt | $42M |
