| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $3M | $4M | 95.2% | 59.4% |
| Op. Income | $435.6K | -$1M | -$1M | 132.8% | 135.0% |
| Gross Margin | 51.1% | 41.6% | 45.3% | 9.5pp | 5.8pp |
| Net Margin | 5.2% | -27.6% | -18.5% | 32.8pp | 23.6pp |
| EPS (Diluted) | $0.01 | $-0.03 | $-0.02 | 139.1% | 147.8% |
| Free Cash Flow | -$416.9K | $1M | $124.3K | -129.5% | -435.3% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $3M |
| R&D Expenses | $605.2K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $435.6K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $32.1K |
| INCOME BEFORE TAX | $467.6K |
| Income Tax Expense | $169.3K |
| Net Income from Continuing Ops | $298.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $298.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $298.4K |
| D&A | $30.3K |
| EBIT | $435.6K |
| EBITDA | $465.9K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $3M |
| R&D Expenses | $605.2K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $435.6K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $32.1K |
| INCOME BEFORE TAX | $467.6K |
| Income Tax Expense | $169.3K |
| Net Income from Continuing Ops | $298.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $298.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $298.4K |
| D&A | $30.3K |
| EBIT | $435.6K |
| EBITDA | $465.9K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $298.4K |
| Depreciation & Amortization | $30.3K |
| Stock-Based Compensation | $177.4K |
| Deferred Income Tax | $169.3K |
| Other Non-Cash Items | -$79.8K |
| Change in Working Capital | -$966.2K |
| OPERATING CASH FLOW | -$370.7K |
| Capital Expenditure | -$46.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$302.8K |
| Sales/Maturities of Investments | $319.5K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$29.5K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$416.9K |
| Net Change in Cash | -$400.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $3M |
| Net Receivables | $3M |
| Inventory | $5M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $471.7K |
| Goodwill | $0 |
| Intangible Assets | $63.5K |
| Long-Term Investments | $2M |
| Tax Assets | $9M |
| Other Non-Current Assets | $258.3K |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $38M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $412.0K |
| Other Current Liabilities | $409.0K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $40.1K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $72.1K |
| TOTAL NON-CURRENT LIABILITIES | $112.2K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $318 |
| Additional Paid-In Capital | $87M |
| Retained Earnings | -$52M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35M |
| Minority Interest | $0 |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $38M |
| Total Debt | $0 |
| Net Debt | -$15M |
