Q2 2018 Earnings

Reported June 29, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q2 2018	Q1 2018	Q2 2017	QoQ Change	YoY Change
Revenue	$29M	$19M	—	50.7%	—
Op. Income	-$5M	-$7M	—	37.0%	—
Gross Margin	36.3%	28.0%	—	8.2pp	—
Net Margin	-15.6%	-46.2%	—	30.6pp	—
EPS (Diluted)	$-0.08	$-0.08	—	0.0%	—

Income Statement

Item	Amount
REVENUE	$29M
Cost of Revenue	$19M
GROSS PROFIT	$11M
R&D Expenses	$6M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$10M
Other Expenses	$0
Operating Expenses	$15M
Cost & Expenses	$34M
OPERATING INCOME	-$5M
Interest Income	$0
Interest Expense	$828.7K
Other Income/Expenses	$2M
INCOME BEFORE TAX	-$3M
Income Tax Expense	$162.9K
Net Income from Continuing Ops	-$3M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$5M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$5M
D&A	$0
EBIT	-$2M
EBITDA	-$2M
EPS	-$0
EPS Diluted	-$0