| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $80M | $55M | -12.2% | 27.8% |
| Op. Income | -$2M | -$2M | -$22M | -16.1% | 88.8% |
| Gross Margin | 26.2% | 23.8% | 12.9% | 2.3pp | 13.3pp |
| Net Margin | -7.3% | -3.7% | -42.6% | -3.6pp | 35.2pp |
| EPS (Diluted) | $-0.06 | $-0.03 | $-0.30 | -63.6% | 81.3% |
| Free Cash Flow | $2M | -$2M | -$28M | 195.5% | 108.3% |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $18M |
| R&D Expenses | $8M |
| Selling & Marketing | $6M |
| General & Administrative | $7M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $72M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $235.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $2M |
| EBIT | -$3M |
| EBITDA | -$325.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $600.0K |
| Other Non-Cash Items | $537.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $269.0K |
| NET CASH FROM FINANCING | $22M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $53M |
| Short-Term Investments | $0 |
| Net Receivables | $56M |
| Inventory | $19M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $148M |
| PP&E (Net) | $25M |
| Goodwill | $4M |
| Intangible Assets | $439.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $64M |
| TOTAL ASSETS | $212M |
| Account Payables | $14M |
| Short-Term Debt | $14M |
| Deferred Revenue | $37M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $104M |
| Long-Term Debt | $36M |
| Deferred Revenue NC | $78M |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $140M |
| TOTAL LIABILITIES | $243M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $309M |
| Retained Earnings | -$340M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$368.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$31M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$31M |
| TOTAL LIABILITIES & EQUITY | $212M |
| Total Debt | $51M |
| Net Debt | -$3M |
