FY 2016 Earnings

Reported December 31, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$13M	—	$12M	—	3.4%
Op. Income	$85.3K	—	$2M	—	-95.6%
Gross Margin	37.1%	—	37.4%	—	-0.3pp
Net Margin	-1.9%	—	15.6%	—	-17.6pp
EPS (Diluted)	$-0.01	—	$0.04	—	-113.0%

Income Statement

Item	Amount
REVENUE	$13M
Cost of Revenue	$8M
GROSS PROFIT	$5M
R&D Expenses	$409.4K
Selling & Marketing	$2M
General & Administrative	$2M
SG&A Expenses	$4M
Other Expenses	$0
Operating Expenses	$5M
Cost & Expenses	$13M
OPERATING INCOME	$85.3K
Interest Income	$0
Interest Expense	$23.5K
Other Income/Expenses	-$253.0K
INCOME BEFORE TAX	-$167.0K
Income Tax Expense	$79.7K
Net Income from Continuing Ops	-$247.0K
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$247.0K
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$247.0K
D&A	$611.7K
EBIT	$85.3K
EBITDA	$697.0K
EPS	-$0
EPS Diluted	-$0