| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $12M | $9M | 10.7% | 46.6% |
| Op. Income | -$14M | -$13M | -$10M | -5.6% | -40.0% |
| Gross Margin | -48.2% | -56.0% | -55.7% | 7.8pp | 7.5pp |
| Net Margin | -100.1% | -104.6% | -107.9% | 4.5pp | 7.8pp |
| EPS (Diluted) | $-0.15 | $-0.15 | $-0.14 | 0.0% | -7.1% |
| Free Cash Flow | -$18M | -$16M | -$13M | -8.1% | -41.5% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $19M |
| GROSS PROFIT | -$6M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$14M |
| Interest Income | $675.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $675.0K |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $468.0K |
| EBIT | -$14M |
| EBITDA | -$13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $468.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$351.0K |
| Other Non-Cash Items | $151.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$878.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $52M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | $24M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$654.0K |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50M |
| Short-Term Investments | $193M |
| Net Receivables | $4M |
| Inventory | -$1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $248M |
| PP&E (Net) | $31M |
| Goodwill | $2M |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $38M |
| TOTAL ASSETS | $287M |
| Account Payables | $16.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $28M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $45M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $29M |
| Deferred Tax Liabilities | -$25M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $54M |
| TOTAL LIABILITIES | $99M |
| Common Stock | $856.0K |
| Additional Paid-In Capital | $683M |
| Retained Earnings | -$495M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$286.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $188M |
| Minority Interest | $0 |
| TOTAL EQUITY | $188M |
| TOTAL LIABILITIES & EQUITY | $287M |
| Total Debt | $25M |
| Net Debt | -$25M |
