| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | $50M | $34M | 8.4% | 59.8% |
| Op. Income | $15M | $11M | $3M | 41.0% | 441.1% |
| Gross Margin | 60.4% | 56.1% | 54.4% | 4.3pp | 6.0pp |
| Net Margin | 24.6% | 16.7% | 8.5% | 8.0pp | 16.1pp |
| EPS (Diluted) | $0.48 | $0.30 | $0.11 | 60.0% | 336.4% |
| Free Cash Flow | $22M | -$3M | -$5M | 833.8% | 564.4% |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $33M |
| R&D Expenses | $9M |
| Selling & Marketing | $6M |
| General & Administrative | $2M |
| SG&A Expenses | $8M |
| Other Expenses | $640.0K |
| Operating Expenses | $18M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $15M |
| Interest Income | $415.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $415.0K |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $2M |
| EBIT | $15M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $33M |
| R&D Expenses | $9M |
| Selling & Marketing | $6M |
| General & Administrative | $2M |
| SG&A Expenses | $8M |
| Other Expenses | $640.0K |
| Operating Expenses | $18M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $15M |
| Interest Income | $415.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $415.0K |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $2M |
| EBIT | $15M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $663.0K |
| Deferred Income Tax | -$591.0K |
| Other Non-Cash Items | $663.0K |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$420.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $91M |
| Net Receivables | $38M |
| Inventory | $31M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $189M |
| PP&E (Net) | $10M |
| Goodwill | $20M |
| Intangible Assets | $15M |
| Long-Term Investments | $750.0K |
| Tax Assets | $3M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $49M |
| TOTAL ASSETS | $238M |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $252.0K |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $47M |
| Common Stock | $191M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $191M |
| Minority Interest | $0 |
| TOTAL EQUITY | $191M |
| TOTAL LIABILITIES & EQUITY | $238M |
| Total Debt | $0 |
| Net Debt | -$24M |
