Q2 2017 Earnings

Reported June 29, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q2 2017	Q1 2017	Q2 2016	QoQ Change	YoY Change
Revenue	$67M	$58M	—	15.7%	—
Op. Income	-$2M	-$6M	—	60.1%	—
Gross Margin	12.5%	4.0%	—	8.4pp	—
Net Margin	-3.2%	-10.4%	—	7.2pp	—
EPS (Diluted)	$-0.02	$-0.06	—	63.2%	—

Income Statement

Item	Amount
REVENUE	$67M
Cost of Revenue	$59M
GROSS PROFIT	$8M
R&D Expenses	$5M
Selling & Marketing	$3M
General & Administrative	$3M
SG&A Expenses	$6M
Other Expenses	-$1.5K
Operating Expenses	$11M
Cost & Expenses	$70M
OPERATING INCOME	-$2M
Interest Income	$273.4K
Interest Expense	$0
Other Income/Expenses	$273.4K
INCOME BEFORE TAX	-$2M
Income Tax Expense	$0
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	$174.8K
EBIT	-$2M
EBITDA	-$2M
EPS	-$0
EPS Diluted	-$0