| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $104M | $121M | $102M | -14.4% | 1.8% |
| Op. Income | -$5M | -$3M | -$4M | -68.3% | -32.9% |
| Gross Margin | 43.2% | 46.1% | 44.4% | -2.9pp | -1.2pp |
| Net Margin | -5.5% | -3.1% | -4.4% | -2.4pp | -1.1pp |
| EPS (Diluted) | $-0.12 | $-0.08 | $-0.09 | -56.3% | -33.6% |
| Free Cash Flow | -$14M | $12M | -$19M | -214.0% | 27.8% |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $45M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $8M |
| Operating Expenses | $50M |
| Cost & Expenses | $109M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $871.0K |
| Other Income/Expenses | -$871.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $8M |
| EBIT | -$5M |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $601.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$299.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $13M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$756.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $120M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $142M |
| PP&E (Net) | $116M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $122M |
| TOTAL ASSETS | $264M |
| Account Payables | $33M |
| Short-Term Debt | $70M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $129M |
| Long-Term Debt | $11M |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $222.0K |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $63M |
| TOTAL LIABILITIES | $192M |
| Common Stock | $614.0K |
| Additional Paid-In Capital | $307M |
| Retained Earnings | -$138M |
| Treasury Stock | -$93M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $72M |
| Minority Interest | $0 |
| TOTAL EQUITY | $72M |
| TOTAL LIABILITIES & EQUITY | $264M |
| Total Debt | $81M |
| Net Debt | $76M |
