| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50M | $44M | $21M | 14.3% | 135.0% |
| Op. Income | -$8M | -$22M | -$37M | 62.7% | 77.7% |
| Gross Margin | 23.1% | -9.8% | -9.8% | 32.8pp | 32.9pp |
| Net Margin | -16.9% | -50.9% | -193.0% | 34.0pp | 176.1pp |
| EPS (Diluted) | $-0.93 | $-2.47 | $-4.54 | 62.3% | 79.5% |
| Free Cash Flow | -$9M | -$5M | -$2M | -72.5% | -319.0% |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $12M |
| R&D Expenses | $5M |
| Selling & Marketing | -$2M |
| General & Administrative | $13M |
| SG&A Expenses | $11M |
| Other Expenses | $3M |
| Operating Expenses | $18M |
| Cost & Expenses | $57M |
| OPERATING INCOME | -$8M |
| Interest Income | $400.0K |
| Interest Expense | $700.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $3M |
| EBIT | -$8M |
| EBITDA | -$5M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$200.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$200.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $400.0K |
| NET CASH FROM INVESTING | $200.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $136M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $124M |
| Other Current Assets | $110M |
| TOTAL CURRENT ASSETS | $384M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $88M |
| Long-Term Investments | $14M |
| Tax Assets | $0 |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $138M |
| TOTAL ASSETS | $522M |
| Account Payables | $51M |
| Short-Term Debt | $0 |
| Deferred Revenue | $132M |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $238M |
| Long-Term Debt | $158M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $381M |
| TOTAL NON-CURRENT LIABILITIES | $538M |
| TOTAL LIABILITIES | $777M |
| Common Stock | $900.0K |
| Additional Paid-In Capital | $60M |
| Retained Earnings | -$320M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $100.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$255M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$255M |
| TOTAL LIABILITIES & EQUITY | $522M |
| Total Debt | $158M |
| Net Debt | $22M |
