Q2 2017 Earnings

Reported June 29, 2017

Quarter Comparison

Revenue

Operating Income

EPS (Diluted)

Free Cash Flow

Metric	Q2 2017	Q1 2017	Q2 2016	QoQ Change	YoY Change
Revenue	$0	$0	—	—	—
Op. Income	-$2M	-$3M	—	37.0%	—
EPS (Diluted)	$-0.12	$-0.19	—	36.8%	—
Free Cash Flow	-$2M	-$2M	—	4.8%	—

Income Statement

Item	Amount
REVENUE	$0
Cost of Revenue	$0
GROSS PROFIT	$0
R&D Expenses	$2M
Selling & Marketing	$0
General & Administrative	$392.0K
SG&A Expenses	$392.0K
Other Expenses	-$832.0K
Operating Expenses	$2M
Cost & Expenses	$2M
OPERATING INCOME	-$2M
Interest Income	$7.0K
Interest Expense	$3.0K
Other Income/Expenses	-$5.0K
INCOME BEFORE TAX	-$2M
Income Tax Expense	$0
Net Income from Continuing Ops	-$2M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$2M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$2M
D&A	$25.0K
EBIT	-$2M
EBITDA	-$2M
EPS	-$0
EPS Diluted	-$0

Cash Flow Statement

Item	Amount
Net Income	-$2M
Depreciation & Amortization	$25.0K
Stock-Based Compensation	$72.0K
Deferred Income Tax	$0
Other Non-Cash Items	-$150.0K
Change in Working Capital	-$648.0K
OPERATING CASH FLOW	-$2M
Capital Expenditure	-$35.0K
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$35.0K
Net Debt Issuance	-$11.0K
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	$5M
FREE CASH FLOW	-$2M
Net Change in Cash	$2M