19,797
16,926
Ad Statistics
Times Displayed: 113248
Times Visited: 6741 MIT labs, experts in Multi-Vendor component level repair of: MRI Coils, RF amplifiers, Gradient Amplifiers Contrast Media Injectors. System repairs, sub-assembly repairs, component level repairs, refurbish/calibrate. info@mitlabsusa.com/+1 (305) 470-8013
Deferred revenue
79,955
87,785
Total current liabilities
206,870
284,492
Long-term liabilities:
Long-term other liabilities
10,794
10,068
Deferred revenue
16,737
13,823
Long-term debt
130,425
51,548
Total liabilities
364,826
359,931
Equity:
Common stock
85
84
Additional paid-in capital
512,883
496,887
Accumulated other comprehensive income (loss)
630
(52)
Accumulated deficit
(464,487)
(450,386)
Total equity
49,111
46,533
Total liabilities and equity
$ 413,937
$ 406,464
Accuray Incorporated
Reconciliation of GAAP net loss to Adjusted Earnings Before Interest, Taxes, Depreciation,
Amortization and Stock-Based Compensation (Adjusted EBITDA)
(In thousands)
(Unaudited)
Three Months EndedDecember 31,
Six Months EndedDecember 31,
2017
2016
2017
2016
GAAP net loss
$ (4,719)
$ (9,369)
$ (14,101)
$ (19,295)
Amortization of intangibles (a)
35
1,989
71
3,977
Depreciation (b)
2,458
2,636
4,936
5,303
Stock-based compensation (c)
3,438
2,914
5,870
6,387
Interest expense, net (d)
3,578
3,172
10,398
6,764
Provision for (benefit from) income taxes
(36)
426
723
(200)
Adjusted EBITDA
$ 4,754
$ 1,768
$ 7,897
$ 2,936
(a)
consists of amortization of intangibles - developed technology and acquired patents.
(b)
consists of depreciation, primarily on property and equipment.
(c)
consists of stock-based compensation in accordance with ASC 718.
(d)
consists primarily of interest income from available-for-sale securities, interest expense associated with our outstanding debt and non-cash loss on extinguishment of debt.
Accuray Incorporated
Forward-Looking Guidance
Reconciliation of Projected GAAP Net Loss to Adjusted Earnings Before Interest, Taxes, Depreciation,
Amortization and Stock-Based Compensation (Adjusted EBITDA)
(In thousands)
(Unaudited)
Twelve Months Ending June 30, 2018
From
To
GAAP net loss
$ (19,200)
$ (14,200)
Depreciation and amortization (a)
10,300
10,300
Stock-based compensation (b)
13,200
13,200
Interest expense, net (c)
18,300
18,300
Provision for income taxes
2,400
2,400
Adjusted EBITDA
$ 25,000
$ 30,000
(a)
consists of depreciation, primarily on property and equipment as well as amortization of intangibles - developed technology and acquired patents.
(b)
consists of stock-based compensation in accordance with ASC 718.
(c)
consists primarily of interest income from available-for-sale securities, interest expense associated with our convertible notes and revolving credit facility and non-cash loss on extinguishment of debt.
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