| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $87M | $69M | $68M | 25.3% | 28.7% |
| Op. Income | $11M | $6M | $2M | 82.7% | 329.2% |
| Gross Margin | 40.0% | 38.9% | 34.7% | 1.1pp | 5.3pp |
| Net Margin | 10.9% | 5.7% | 2.9% | 5.2pp | 8.1pp |
| EPS (Diluted) | $0.29 | $0.13 | $0.08 | 123.1% | 262.5% |
| Free Cash Flow | -$4M | $4M | -$11M | -195.3% | 67.0% |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $35M |
| R&D Expenses | $10M |
| Selling & Marketing | $7M |
| General & Administrative | $7M |
| SG&A Expenses | $14M |
| Other Expenses | -$154.0K |
| Operating Expenses | $24M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $11M |
| Interest Income | $69.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $11.0K |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $1M |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $35M |
| R&D Expenses | $10M |
| Selling & Marketing | $7M |
| General & Administrative | $7M |
| SG&A Expenses | $14M |
| Other Expenses | -$154.0K |
| Operating Expenses | $24M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $11M |
| Interest Income | $69.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $11.0K |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $1M |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$22.0K |
| Other Non-Cash Items | $578.0K |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $0 |
| Net Receivables | $67M |
| Inventory | $116M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $260M |
| PP&E (Net) | $31M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $63M |
| TOTAL ASSETS | $323M |
| Account Payables | $26M |
| Short-Term Debt | $0 |
| Deferred Revenue | $12M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $53M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $942.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $54M |
| TOTAL LIABILITIES | $106M |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $539M |
| Retained Earnings | -$322M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$336.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $216M |
| Minority Interest | $0 |
| TOTAL EQUITY | $216M |
| TOTAL LIABILITIES & EQUITY | $323M |
| Total Debt | $48M |
| Net Debt | -$22M |
