| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $51M | $50M | $39M | 2.1% | 32.7% |
| Op. Income | -$8M | -$6M | -$8M | -32.4% | 8.9% |
| Gross Margin | 77.4% | 78.1% | 76.1% | -0.8pp | 1.3pp |
| Net Margin | -14.0% | -11.6% | -23.3% | -2.3pp | 9.4pp |
| EPS (Diluted) | $-0.13 | $-0.11 | $-0.18 | -18.2% | 27.8% |
| Free Cash Flow | -$1M | $1M | -$3M | -222.3% | 55.3% |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $40M |
| R&D Expenses | $7M |
| Selling & Marketing | $29M |
| General & Administrative | $11M |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $59M |
| OPERATING INCOME | -$8M |
| Interest Income | $389.0K |
| Interest Expense | $4.0K |
| Other Income/Expenses | $385.0K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | -$20.0K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $5M |
| EBIT | -$7M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$242.0K |
| Other Non-Cash Items | -$65.0K |
| Change in Working Capital | -$84.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$443.0K |
| Common Stock Repurchased | -$16.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$166.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $83M |
| Net Receivables | $57M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $187M |
| PP&E (Net) | $13M |
| Goodwill | $185M |
| Intangible Assets | $45M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $272M |
| TOTAL ASSETS | $459M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $111M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $132M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $477.0K |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $141M |
| Common Stock | $535.0K |
| Additional Paid-In Capital | $427M |
| Retained Earnings | -$110M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$133.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $318M |
| Minority Interest | $0 |
| TOTAL EQUITY | $318M |
| TOTAL LIABILITIES & EQUITY | $459M |
| Total Debt | $0 |
| Net Debt | -$31M |
