| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $82M | $76M | $59M | 7.6% | 39.5% |
| Op. Income | -$8M | -$14M | -$10M | 42.1% | 18.9% |
| Gross Margin | 79.2% | 77.9% | 76.3% | 1.3pp | 2.9pp |
| Net Margin | -9.8% | -18.1% | -17.2% | 8.3pp | 7.4pp |
| EPS (Diluted) | $-0.22 | $-0.39 | $-0.29 | 43.6% | 24.1% |
| Free Cash Flow | $12M | -$2M | -$5M | 768.6% | 337.8% |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $65M |
| R&D Expenses | $13M |
| Selling & Marketing | $47M |
| General & Administrative | $13M |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $73M |
| Cost & Expenses | $90M |
| OPERATING INCOME | -$8M |
| Interest Income | $303.0K |
| Interest Expense | $52.0K |
| Other Income/Expenses | $123.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $198.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $3M |
| EBIT | -$8M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$27.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$240.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $53M |
| Net Receivables | $35M |
| Inventory | $0 |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $180M |
| PP&E (Net) | $35M |
| Goodwill | $10M |
| Intangible Assets | $7M |
| Long-Term Investments | $38M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $96M |
| TOTAL ASSETS | $275M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $104M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $136M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $151M |
| Common Stock | $36.0K |
| Additional Paid-In Capital | $379M |
| Retained Earnings | -$254M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$708.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $124M |
| Minority Interest | $0 |
| TOTAL EQUITY | $124M |
| TOTAL LIABILITIES & EQUITY | $275M |
| Total Debt | $1M |
| Net Debt | -$69M |
