| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $60M | $60M | -18.1% | -18.4% |
| Op. Income | -$20M | $4M | -$4M | -582.9% | -362.4% |
| Gross Margin | 75.8% | 78.8% | 76.5% | -3.0pp | -0.7pp |
| Net Margin | -40.0% | 6.8% | -6.5% | -46.8pp | -33.5pp |
| EPS (Diluted) | $-0.27 | $0.06 | $-0.06 | -563.9% | -374.5% |
| Free Cash Flow | -$1M | $3M | -$133.0K | -153.4% | -1016.5% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $37M |
| R&D Expenses | $19M |
| Selling & Marketing | $27M |
| General & Administrative | $12M |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $69M |
| OPERATING INCOME | -$20M |
| Interest Income | $566.0K |
| Interest Expense | $33.0K |
| Other Income/Expenses | $533.0K |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $207.0K |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $2M |
| EBIT | -$19M |
| EBITDA | -$17M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $389.0K |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | -$352.0K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | $639.0K |
| NET CASH FROM INVESTING | -$494.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$26.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $397.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $84M |
| Net Receivables | $48M |
| Inventory | $16M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $209M |
| PP&E (Net) | $10M |
| Goodwill | $1M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $232M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $99M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $884.0K |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $99M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $365M |
| Retained Earnings | -$264M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$296.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $100M |
| Minority Interest | $0 |
| TOTAL EQUITY | $100M |
| TOTAL LIABILITIES & EQUITY | $199M |
| Total Debt | $0 |
| Net Debt | -$47M |
