FY 2017 Earnings

Reported December 31, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$35M	—	$21M	—	70.9%
Op. Income	$6M	—	$7M	—	-17.4%
Gross Margin	80.1%	—	81.1%	—	-1.0pp
Net Margin	9.5%	—	20.6%	—	-11.1pp
EPS (Diluted)	$1.51	—	$2.41	—	-37.3%

Revenue Flow

Item	Amount
REVENUE	$35M
Cost of Revenue	$7M
GROSS PROFIT	$28M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$23M
Operating Expenses	$23M
Cost & Expenses	$30M
OPERATING INCOME	$6M
Interest Income	$12M
Interest Expense	$2M
Other Income/Expenses	$0
INCOME BEFORE TAX	$6M
Income Tax Expense	$2M
Net Income from Continuing Ops	$3M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$3M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3M
D&A	$0
EBIT	$6M
EBITDA	$6M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$35M
Cost of Revenue	$7M
GROSS PROFIT	$28M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$23M
Operating Expenses	$23M
Cost & Expenses	$30M
OPERATING INCOME	$6M
Interest Income	$12M
Interest Expense	$2M
Other Income/Expenses	$0
INCOME BEFORE TAX	$6M
Income Tax Expense	$2M
Net Income from Continuing Ops	$3M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$3M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3M
D&A	$0
EBIT	$6M
EBITDA	$6M
EPS	$2
EPS Diluted	$2

Balance Sheet

Item	Amount
Cash & Equivalents	$0
Short-Term Investments	$0
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$0
PP&E (Net)	$0
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$0
TOTAL NON-CURRENT ASSETS	$0
TOTAL ASSETS	$261M
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$0
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$0
TOTAL LIABILITIES	$0
Common Stock	$0
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$32M
TOTAL STOCKHOLDERS' EQUITY	$32M
Minority Interest	$0
TOTAL EQUITY	$32M
TOTAL LIABILITIES & EQUITY	$261M
Total Debt	$0
Net Debt	$0