| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55M | $53M | $49M | 3.2% | 11.5% |
| Op. Income | $9M | $8M | $8M | 14.0% | 22.4% |
| Gross Margin | 73.6% | 72.3% | 72.0% | 1.3pp | 1.6pp |
| Net Margin | 12.6% | 11.5% | 12.3% | 1.1pp | 0.3pp |
| EPS (Diluted) | $0.09 | $0.08 | $0.08 | 12.1% | 12.5% |
| Free Cash Flow | $16M | $19M | $15M | -15.8% | 7.3% |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $40M |
| R&D Expenses | $9M |
| Selling & Marketing | $7M |
| General & Administrative | $6M |
| SG&A Expenses | $13M |
| Other Expenses | $8M |
| Operating Expenses | $30M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $195.0K |
| Other Income/Expenses | -$161.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| 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 | $9M |
| EBIT | $9M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $40M |
| R&D Expenses | $9M |
| Selling & Marketing | $7M |
| General & Administrative | $6M |
| SG&A Expenses | $13M |
| Other Expenses | $8M |
| Operating Expenses | $30M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $195.0K |
| Other Income/Expenses | -$161.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| 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 | $9M |
| EBIT | $9M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $515.0K |
| Deferred Income Tax | $552.0K |
| Other Non-Cash Items | $21.0K |
| Change in Working Capital | -$20.0K |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$786.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$786.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $462.0K |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $0 |
| Net Receivables | $31M |
| Inventory | $169.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $91M |
| PP&E (Net) | $10M |
| Goodwill | $263M |
| Intangible Assets | $137M |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $419M |
| TOTAL ASSETS | $510M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $23M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $54M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $71M |
| Common Stock | $254M |
| Additional Paid-In Capital | $449M |
| Retained Earnings | -$232M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $438M |
| Minority Interest | $0 |
| TOTAL EQUITY | $438M |
| TOTAL LIABILITIES & EQUITY | $510M |
| Total Debt | $0 |
| Net Debt | -$54M |
