| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $115M | $101M | $82M | 14.6% | 40.6% |
| Op. Income | -$20M | -$24M | -$13M | 15.5% | -58.9% |
| Gross Margin | 52.0% | 51.7% | 55.5% | 0.3pp | -3.5pp |
| Net Margin | -16.4% | -23.3% | -15.4% | 6.9pp | -1.0pp |
| EPS (Diluted) | $-0.20 | $-0.25 | $-0.14 | 20.0% | -42.9% |
| Free Cash Flow | -$2M | -$9M | -$6M | 79.0% | 70.1% |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $60M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | -$1M |
| Operating Expenses | $80M |
| Cost & Expenses | $135M |
| OPERATING INCOME | -$20M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | -$197.0K |
| 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 | $5M |
| EBIT | -$19M |
| EBITDA | -$14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $638.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$202.0K |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $115M |
| Short-Term Investments | $176M |
| Net Receivables | $43M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $353M |
| PP&E (Net) | $51M |
| Goodwill | $18M |
| Intangible Assets | $20M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $97M |
| TOTAL ASSETS | $450M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $14M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $79M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $90M |
| Common Stock | $94.0K |
| Additional Paid-In Capital | $608M |
| Retained Earnings | -$250M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $360M |
| Minority Interest | $0 |
| TOTAL EQUITY | $360M |
| TOTAL LIABILITIES & EQUITY | $450M |
| Total Debt | $0 |
| Net Debt | -$115M |
