| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $13M | $3M | -3.4% | 269.0% |
| Op. Income | -$21M | -$14M | -$17M | -52.5% | -25.0% |
| Gross Margin | -86.3% | -48.2% | -277.9% | -38.2pp | 191.5pp |
| Net Margin | -159.7% | -100.1% | -485.6% | -59.6pp | 325.9pp |
| EPS (Diluted) | $-0.23 | $-0.15 | $-0.23 | -53.3% | 0.0% |
| Free Cash Flow | -$21M | -$18M | -$14M | -17.1% | -53.2% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $24M |
| GROSS PROFIT | -$11M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $34M |
| Cost & Expenses | $34M |
| OPERATING INCOME | -$21M |
| Interest Income | $810.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $810.0K |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $588.0K |
| EBIT | -$21M |
| EBITDA | -$20M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $588.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$459.0K |
| Other Non-Cash Items | $217.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$63M |
| Sales/Maturities of Investments | $54M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14.0K |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $199M |
| Net Receivables | $4M |
| Inventory | -$5M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $236M |
| PP&E (Net) | $34M |
| Goodwill | $2M |
| Intangible Assets | $0 |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $45M |
| TOTAL ASSETS | $281M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $35M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $49M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $24M |
| Deferred Tax Liabilities | -$25M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $49M |
| TOTAL LIABILITIES | $99M |
| Common Stock | $870.0K |
| Additional Paid-In Capital | $696M |
| Retained Earnings | -$515M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$385.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $182M |
| Minority Interest | $0 |
| TOTAL EQUITY | $182M |
| TOTAL LIABILITIES & EQUITY | $281M |
| Total Debt | $25M |
| Net Debt | -$5M |
