Q3 2017 Earnings

Reported September 29, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q3 2017	Q2 2017	Q3 2016	QoQ Change	YoY Change
Revenue	$13M	$7M	—	84.2%	—
Op. Income	-$3M	-$5M	—	30.8%	—
Gross Margin	25.3%	18.5%	—	6.8pp	—
Net Margin	-25.5%	-61.1%	—	35.6pp	—
EPS (Diluted)	$-0.58	$-0.76	—	23.1%	—

Income Statement

Item	Amount
REVENUE	$13M
Cost of Revenue	$10M
GROSS PROFIT	$3M
R&D Expenses	$3M
Selling & Marketing	$3M
General & Administrative	$1M
SG&A Expenses	$4M
Other Expenses	$15.0K
Operating Expenses	$7M
Cost & Expenses	$17M
OPERATING INCOME	-$3M
Interest Income	$14.0K
Interest Expense	$6.7K
Other Income/Expenses	-$205.6K
INCOME BEFORE TAX	-$3M
Income Tax Expense	-$1.3K
Net Income from Continuing Ops	-$3M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$3M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$4M
D&A	$29.1K
EBIT	-$3M
EBITDA	-$3M
EPS	-$1
EPS Diluted	-$1