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	$7M	$5M	—	54.7%	—
Op. Income	-$5M	-$4M	—	-28.4%	—
Gross Margin	18.5%	19.7%	—	-1.2pp	—
Net Margin	-61.1%	-68.8%	—	7.7pp	—
EPS (Diluted)	$-0.76	$-0.57	—	-34.4%	—

Income Statement

Item	Amount
REVENUE	$7M
Cost of Revenue	$6M
GROSS PROFIT	$1M
R&D Expenses	$3M
Selling & Marketing	$2M
General & Administrative	$1M
SG&A Expenses	$3M
Other Expenses	$2.6K
Operating Expenses	$6M
Cost & Expenses	$12M
OPERATING INCOME	-$5M
Interest Income	$6.7K
Interest Expense	$2.6K
Other Income/Expenses	-$48.5K
INCOME BEFORE TAX	-$5M
Income Tax Expense	-$243.8K
Net Income from Continuing Ops	-$4M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$4M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$6M
D&A	$9.3K
EBIT	-$5M
EBITDA	-$5M
EPS	-$1
EPS Diluted	-$1