| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46M | $42M | $32M | 8.5% | 42.5% |
| Op. Income | -$13M | -$8M | -$7M | -68.2% | -84.2% |
| Gross Margin | 76.2% | 75.5% | 76.6% | 0.8pp | -0.3pp |
| Net Margin | -28.5% | -23.9% | -20.6% | -4.6pp | -8.0pp |
| EPS (Diluted) | $-0.25 | $-0.20 | $-0.13 | -25.0% | -92.3% |
| Free Cash Flow | -$466.0K | $342.0K | $3M | -236.3% | -116.2% |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $35M |
| R&D Expenses | $6M |
| Selling & Marketing | $33M |
| General & Administrative | $9M |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $48M |
| Cost & Expenses | $59M |
| OPERATING INCOME | -$13M |
| Interest Income | $281.0K |
| Interest Expense | $6.0K |
| Other Income/Expenses | $275.0K |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $162.0K |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $5M |
| EBIT | -$12M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$151.0K |
| Other Non-Cash Items | $747.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$26M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$466.0K |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $85M |
| Net Receivables | $45M |
| Inventory | $0 |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $173M |
| PP&E (Net) | $12M |
| Goodwill | $185M |
| Intangible Assets | $50M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $249M |
| TOTAL ASSETS | $422M |
| Account Payables | $3M |
| Short-Term Debt | $878.0K |
| Deferred Revenue | $94M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $117M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $993.0K |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $126M |
| Common Stock | $528.0K |
| Additional Paid-In Capital | $415M |
| Retained Earnings | -$120M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$32.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $296M |
| Minority Interest | $0 |
| TOTAL EQUITY | $296M |
| TOTAL LIABILITIES & EQUITY | $422M |
| Total Debt | $442.0K |
| Net Debt | -$24M |
