| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $28M | $25M | -14.6% | -3.2% |
| Op. Income | -$415.0K | $3M | $3M | -115.1% | -112.5% |
| Gross Margin | 52.9% | 57.3% | 59.3% | -4.4pp | -6.4pp |
| Net Margin | 2.1% | 10.3% | 8.2% | -8.2pp | -6.1pp |
| EPS (Diluted) | $0.02 | $0.09 | $0.07 | -77.8% | -71.4% |
| Free Cash Flow | -$3M | -$140.0K | $2M | -1849.3% | -245.3% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $13M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$415.0K |
| Interest Income | $0 |
| Interest Expense | $230.0K |
| Other Income/Expenses | -$230.0K |
| INCOME BEFORE TAX | -$645.0K |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $517.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $517.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $517.0K |
| D&A | $92.0K |
| EBIT | -$415.0K |
| EBITDA | $864.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $517.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$580.0K |
| Other Non-Cash Items | $92.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$416.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$844.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $782.0K |
| NET CASH FROM FINANCING | $782.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $115M |
| Short-Term Investments | $0 |
| Net Receivables | $50M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $172M |
| PP&E (Net) | $21M |
| Goodwill | $215.0K |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $16M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $56M |
| TOTAL ASSETS | $228M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $10M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $24M |
| Common Stock | $286M |
| Additional Paid-In Capital | $286M |
| Retained Earnings | -$25M |
| Treasury Stock | -$56M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $203M |
| Minority Interest | $0 |
| TOTAL EQUITY | $203M |
| TOTAL LIABILITIES & EQUITY | $228M |
| Total Debt | $0 |
| Net Debt | -$115M |
