| Metric | FY 2018 | Prior Q | FY 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | — | $52M | — | -25.7% |
| Op. Income | -$37M | — | -$19M | — | -93.1% |
| Gross Margin | -41.2% | — | -0.3% | — | -40.9pp |
| Net Margin | -91.9% | — | -38.1% | — | -53.9pp |
| EPS (Diluted) | $-15.40 | — | $-28.10 | — | 45.2% |
| Free Cash Flow | $11M | — | -$40M | — | 127.5% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $54M |
| GROSS PROFIT | -$16M |
| R&D Expenses | $54M |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $2M |
| Operating Expenses | $76M |
| Cost & Expenses | $76M |
| OPERATING INCOME | -$37M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$35M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$35M |
| D&A | $5M |
| EBIT | -$37M |
| EBITDA | -$33M |
| EPS | -$16 |
| EPS Diluted | -$15 |
| Item | Amount |
|---|---|
| Net Income | -$35M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$517.0K |
| Change in Working Capital | $43M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$81M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $80.0K |
| NET CASH FROM INVESTING | -$80M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $171M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $103M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $125M |
| Short-Term Investments | $79M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $210M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $15.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $223M |
| Account Payables | $3M |
| Short-Term Debt | $5M |
| Deferred Revenue | $22M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $36M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $45M |
| Deferred Tax Liabilities | $476.0K |
| Other Non-Current Liabilities | $578.0K |
| TOTAL NON-CURRENT LIABILITIES | $55M |
| TOTAL LIABILITIES | $92M |
| Common Stock | $23.0K |
| Additional Paid-In Capital | $282M |
| Retained Earnings | -$150M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$47.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $132M |
| Minority Interest | $0 |
| TOTAL EQUITY | $132M |
| TOTAL LIABILITIES & EQUITY | $223M |
| Total Debt | $15M |
| Net Debt | -$111M |
