| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $712.7K | $733.6K | $950.7K | -2.9% | -25.0% |
| Op. Income | -$940.3K | -$1M | -$2M | 13.9% | 56.2% |
| Gross Margin | 84.6% | 80.1% | 82.8% | 4.6pp | 1.8pp |
| Net Margin | -131.4% | -148.5% | -225.5% | 17.0pp | 94.0pp |
| EPS (Diluted) | $-0.09 | $-0.10 | $-0.22 | 12.7% | 60.3% |
| Free Cash Flow | -$826.5K | -$783.0K | -$792.0K | -5.6% | -4.4% |
| Item | Amount |
|---|---|
| REVENUE | $712.7K |
| Cost of Revenue | $109.4K |
| GROSS PROFIT | $603.2K |
| R&D Expenses | $370.6K |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$940.3K |
| Interest Income | $3.5K |
| Interest Expense | $0 |
| Other Income/Expenses | $3.5K |
| INCOME BEFORE TAX | -$936.8K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$936.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$936.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$936.8K |
| D&A | $104.8K |
| EBIT | -$940.3K |
| EBITDA | -$835.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$936.8K |
| Depreciation & Amortization | $104.8K |
| Stock-Based Compensation | $96.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$11.1K |
| Change in Working Capital | -$70.7K |
| OPERATING CASH FLOW | -$817.0K |
| Capital Expenditure | -$9.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $13.3K |
| NET CASH FROM INVESTING | $3.7K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $24.4K |
| NET CASH FROM FINANCING | $24.4K |
| FREE CASH FLOW | -$826.5K |
| Net Change in Cash | -$788.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $360.7K |
| Inventory | $75.8K |
| Other Current Assets | $277.9K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $254.4K |
| Goodwill | $8M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $161.4K |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $14M |
| Account Payables | $45.5K |
| Short-Term Debt | $0 |
| Deferred Revenue | $680.8K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $164.2K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $50.0K |
| TOTAL NON-CURRENT LIABILITIES | $214.3K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $10.7K |
| Additional Paid-In Capital | $117M |
| Retained Earnings | -$105M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | $0 |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $0 |
| Net Debt | -$2M |
