| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50M | $39M | $42M | 27.5% | 19.0% |
| Op. Income | -$2M | -$6M | -$12M | 71.6% | 86.5% |
| Gross Margin | 82.6% | 75.8% | 75.7% | 6.8pp | 6.9pp |
| Net Margin | -3.4% | -11.6% | -21.8% | 8.2pp | 18.4pp |
| EPS (Diluted) | $-0.07 | $-0.20 | $-0.40 | 64.5% | 82.2% |
| Free Cash Flow | -$3M | -$4M | -$10M | 10.7% | 66.8% |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | -$49.0K |
| Operating Expenses | $43M |
| Cost & Expenses | $52M |
| OPERATING INCOME | -$2M |
| Interest Income | $37.0K |
| Interest Expense | $88.0K |
| Other Income/Expenses | -$100.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$31.0K |
| 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 | $9M |
| EBIT | -$2M |
| EBITDA | $7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $235.0K |
| Deferred Income Tax | -$33.0K |
| Other Non-Cash Items | $184.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $754.0K |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$690.0K |
| Common Stock Repurchased | -$23.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$23.0K |
| NET CASH FROM FINANCING | -$713.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $18M |
| Net Receivables | $41M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $86M |
| PP&E (Net) | $82M |
| Goodwill | $0 |
| Intangible Assets | $461.0K |
| Long-Term Investments | $0 |
| Tax Assets | $224.0K |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $84M |
| TOTAL ASSETS | $170M |
| Account Payables | $9M |
| Short-Term Debt | $3M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $816.0K |
| Other Non-Current Liabilities | $150.0K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $31M |
| Common Stock | $229.0K |
| Additional Paid-In Capital | $152M |
| Retained Earnings | -$12M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $139M |
| Minority Interest | $0 |
| TOTAL EQUITY | $139M |
| TOTAL LIABILITIES & EQUITY | $170M |
| Total Debt | $7M |
| Net Debt | -$10M |
