Q2 2018 Earnings

Reported September 29, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q2 2018	Q1 2018	Q2 2017	QoQ Change	YoY Change
Revenue	$99M	$90M	—	9.1%	—
Op. Income	-$4M	-$8M	—	50.3%	—
Gross Margin	63.0%	59.6%	—	3.4pp	—
Net Margin	-12.0%	-11.3%	—	-0.7pp	—
EPS (Diluted)	$-0.04	$-0.04	—	-15.9%	—

Income Statement

Item	Amount
REVENUE	$99M
Cost of Revenue	$36M
GROSS PROFIT	$62M
R&D Expenses	$14M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$52M
Other Expenses	$0
Operating Expenses	$66M
Cost & Expenses	-$102M
OPERATING INCOME	-$4M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$11M
INCOME BEFORE TAX	-$15M
Income Tax Expense	-$3M
Net Income from Continuing Ops	-$12M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$12M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$12M
D&A	$17M
EBIT	-$15M
EBITDA	$3M
EPS	-$0
EPS Diluted	-$0