| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $102M | $104M | $81M | -1.8% | 25.2% |
| Op. Income | -$5M | -$4M | -$8M | -28.4% | 31.1% |
| Gross Margin | 58.4% | 58.8% | 54.2% | -0.4pp | 4.2pp |
| Net Margin | -9.8% | -8.8% | -15.4% | -1.0pp | 5.6pp |
| EPS (Diluted) | $-0.17 | $-0.16 | $-0.22 | -6.3% | 22.7% |
| Free Cash Flow | -$48M | $17M | -$14M | -376.9% | -247.4% |
| Item | Amount |
|---|---|
| REVENUE | $102M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $59M |
| R&D Expenses | $18M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $47M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $107M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $96.0K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $3M |
| EBIT | -$5M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | -$22M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$41M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$42M |
| Net Debt Issuance | -$269.0K |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$48M |
| Net Change in Cash | -$61M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $178M |
| Net Receivables | $41M |
| Inventory | $34M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $337M |
| PP&E (Net) | $65M |
| Goodwill | $40M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $605.0K |
| TOTAL NON-CURRENT ASSETS | $108M |
| TOTAL ASSETS | $445M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $337M |
| Deferred Revenue NC | $700.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $342M |
| TOTAL LIABILITIES | $381M |
| Common Stock | $58.0K |
| Additional Paid-In Capital | $755M |
| Retained Earnings | -$690M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$657.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $64M |
| Minority Interest | $0 |
| TOTAL EQUITY | $64M |
| TOTAL LIABILITIES & EQUITY | $445M |
| Total Debt | $337M |
| Net Debt | $261M |
