| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $105M | $118M | $97M | -11.4% | 8.4% |
| Op. Income | -$702.0K | -$958.0K | -$13M | 26.7% | 94.7% |
| Gross Margin | 58.2% | 53.7% | 59.2% | 4.4pp | -1.0pp |
| Net Margin | -7.0% | -6.9% | -20.4% | -0.0pp | 13.5pp |
| EPS (Diluted) | $-0.06 | $-0.07 | $-0.17 | 11.3% | 64.9% |
| Free Cash Flow | $3M | $18M | $14M | -85.2% | -81.0% |
| Item | Amount |
|---|---|
| REVENUE | $105M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $61M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | -$148.0K |
| Operating Expenses | $60M |
| Cost & Expenses | $104M |
| OPERATING INCOME | -$702.0K |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $518.0K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$339.0K |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $15M |
| EBIT | -$1M |
| EBITDA | $14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $431.0K |
| Other Non-Cash Items | $933.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$693.0K |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $109M |
| Short-Term Investments | $0 |
| Net Receivables | $66M |
| Inventory | $78M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $273M |
| PP&E (Net) | $49M |
| Goodwill | $270M |
| Intangible Assets | $107M |
| Long-Term Investments | $0 |
| Tax Assets | $384.0K |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $438M |
| TOTAL ASSETS | $711M |
| Account Payables | $15M |
| Short-Term Debt | $23M |
| Deferred Revenue | $37M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $106M |
| Long-Term Debt | $302M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $338M |
| TOTAL LIABILITIES | $444M |
| Common Stock | $1M |
| Additional Paid-In Capital | $685M |
| Retained Earnings | -$415M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $267M |
| Minority Interest | $0 |
| TOTAL EQUITY | $267M |
| TOTAL LIABILITIES & EQUITY | $711M |
| Total Debt | $325M |
| Net Debt | $227M |
