| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $91M | $112M | $87M | -18.9% | 5.1% |
| Op. Income | -$2M | $3M | -$7M | -172.9% | 68.7% |
| Gross Margin | 41.9% | 38.5% | 36.2% | 3.4pp | 5.7pp |
| Net Margin | -10.3% | -4.7% | -11.5% | -5.6pp | 1.2pp |
| EPS (Diluted) | $-0.11 | $-0.06 | $-0.12 | -74.1% | 8.3% |
| Free Cash Flow | -$14M | $22M | -$8M | -163.6% | -82.5% |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $38M |
| R&D Expenses | $14M |
| Selling & Marketing | $15M |
| General & Administrative | $11M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $93M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $759.0K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $3M |
| EBIT | -$2M |
| EBITDA | $462.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$929.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$929.0K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$19.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $881.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $24M |
| Net Receivables | $70M |
| Inventory | $113M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $297M |
| PP&E (Net) | $22M |
| Goodwill | $58M |
| Intangible Assets | $929.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $97M |
| TOTAL ASSETS | $394M |
| Account Payables | $22M |
| Short-Term Debt | $39M |
| Deferred Revenue | $100M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $200M |
| Long-Term Debt | $119M |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $145M |
| TOTAL LIABILITIES | $345M |
| Common Stock | $84.0K |
| Additional Paid-In Capital | $508M |
| Retained Earnings | -$460M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $316.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $49M |
| Minority Interest | $0 |
| TOTAL EQUITY | $49M |
| TOTAL LIABILITIES & EQUITY | $394M |
| Total Debt | $158M |
| Net Debt | $90M |
