| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $87M | $95M | — | -8.9% | — |
| Op. Income | -$7M | -$3M | — | -121.2% | — |
| Gross Margin | 36.2% | 39.3% | — | -3.0pp | — |
| Net Margin | -11.5% | -7.6% | — | -3.9pp | — |
| EPS (Diluted) | $-0.12 | $-0.09 | — | -35.0% | — |
| Free Cash Flow | -$8M | $18M | — | -143.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $31M |
| R&D Expenses | $12M |
| Selling & Marketing | $14M |
| General & Administrative | $11M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $93M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | -$626.0K |
| 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 | $5M |
| EBIT | -$7M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $317.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | -$37M |
| Common Stock Repurchased | -$99.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $84M |
| Short-Term Investments | $41M |
| Net Receivables | $57M |
| Inventory | $117M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $319M |
| PP&E (Net) | $27M |
| Goodwill | $58M |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $104M |
| TOTAL ASSETS | $423M |
| Account Payables | $17M |
| Short-Term Debt | $4M |
| Deferred Revenue | $113M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $172M |
| Long-Term Debt | $172M |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $197M |
| TOTAL LIABILITIES | $369M |
| Common Stock | $82.0K |
| Additional Paid-In Capital | $485M |
| Retained Earnings | -$431M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$842.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $53M |
| Minority Interest | $0 |
| TOTAL EQUITY | $53M |
| TOTAL LIABILITIES & EQUITY | $423M |
| Total Debt | $175M |
| Net Debt | $91M |
