| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $57M | $64M | $60M | -11.6% | -4.5% |
| Op. Income | $3M | $4M | $3M | -39.1% | 1.2% |
| Gross Margin | 24.1% | 23.5% | 22.4% | 0.5pp | 1.6pp |
| Net Margin | 2.3% | 3.6% | 1.4% | -1.3pp | 0.9pp |
| EPS (Diluted) | $0.15 | $0.26 | $0.11 | -42.3% | 36.4% |
| Free Cash Flow | $6M | $2M | $5M | 192.4% | 33.4% |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $1M |
| Operating Expenses | $11M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $558.6K |
| Other Income/Expenses | -$558.6K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $832.9K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $1M |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $1M |
| Operating Expenses | $11M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $558.6K |
| Other Income/Expenses | -$558.6K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $832.9K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $1M |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $77.6K |
| Deferred Income Tax | $4.3K |
| Other Non-Cash Items | $282.9K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$327.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$327.1K |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $0 |
| Short-Term Investments | $0 |
| Net Receivables | $31M |
| Inventory | $0 |
| Other Current Assets | $152.6K |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $2M |
| Goodwill | $9M |
| Intangible Assets | $22M |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $46M |
| TOTAL ASSETS | $78M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $20M |
| Deferred Revenue NC | $19.7B |
| Deferred Tax Liabilities | -$19.7B |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $39M |
| Common Stock | $86.7K |
| Additional Paid-In Capital | $36M |
| Retained Earnings | $3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $40M |
| Minority Interest | $0 |
| TOTAL EQUITY | $40M |
| TOTAL LIABILITIES & EQUITY | $78M |
| Total Debt | $20M |
| Net Debt | $20M |
