| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $118M | $132M | $98M | -10.8% | 19.5% |
| Op. Income | -$33M | -$12M | -$11M | -168.2% | -205.6% |
| Gross Margin | 29.3% | 39.6% | 46.2% | -10.3pp | -17.0pp |
| Net Margin | -28.4% | -8.7% | -10.9% | -19.6pp | -17.5pp |
| EPS (Diluted) | $-0.67 | $-0.23 | $-0.22 | -191.3% | -204.5% |
| Free Cash Flow | -$26M | $15M | $4M | -274.1% | -769.8% |
| Item | Amount |
|---|---|
| REVENUE | $118M |
| Cost of Revenue | $83M |
| GROSS PROFIT | $34M |
| R&D Expenses | $34M |
| Selling & Marketing | $22M |
| General & Administrative | $10M |
| SG&A Expenses | $33M |
| Other Expenses | $699.0K |
| Operating Expenses | $67M |
| Cost & Expenses | $150M |
| OPERATING INCOME | -$33M |
| Interest Income | $88.0K |
| Interest Expense | $44.0K |
| Other Income/Expenses | $164.0K |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | $673.0K |
| Net Income from Continuing Ops | -$33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $3M |
| EBIT | -$32M |
| EBITDA | -$29M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$33M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $75.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | $428.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$26M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $25M |
| Net Receivables | $64M |
| Inventory | $47M |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $215M |
| PP&E (Net) | $18M |
| Goodwill | $116M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $816.0K |
| TOTAL NON-CURRENT ASSETS | $135M |
| TOTAL ASSETS | $350M |
| Account Payables | $25M |
| Short-Term Debt | $0 |
| Deferred Revenue | $67M |
| Other Current Liabilities | $55M |
| TOTAL CURRENT LIABILITIES | $146M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $21M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $775.0K |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $168M |
| Common Stock | $1M |
| Additional Paid-In Capital | $839M |
| Retained Earnings | -$618M |
| Treasury Stock | -$40M |
| Accum. Other Comp. Income | -$599.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $182M |
| Minority Interest | $0 |
| TOTAL EQUITY | $182M |
| TOTAL LIABILITIES & EQUITY | $350M |
| Total Debt | $0 |
| Net Debt | -$26M |
