| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $95M | $97M | $77M | -2.7% | 23.8% |
| Op. Income | $8M | $13M | $12M | -38.6% | -31.3% |
| Gross Margin | 75.1% | 78.0% | 81.6% | -2.9pp | -6.5pp |
| Net Margin | 2.8% | 3.1% | 5.1% | -0.3pp | -2.3pp |
| EPS (Diluted) | $0.02 | $0.03 | $0.03 | -33.3% | -33.3% |
| Free Cash Flow | $24M | $15M | $30M | 55.9% | -21.9% |
| Item | Amount |
|---|---|
| REVENUE | $95M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $71M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $63M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $8M |
| Interest Income | $129.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $14M |
| EBIT | $8M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $95M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $71M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $63M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $8M |
| Interest Income | $129.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $14M |
| EBIT | $8M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $728.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$333.0K |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | -$205.0K |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$231.0K |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $167M |
| Short-Term Investments | $746.0K |
| Net Receivables | $37M |
| Inventory | $5M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $222M |
| PP&E (Net) | $54M |
| Goodwill | $208M |
| Intangible Assets | $112M |
| Long-Term Investments | $0 |
| Tax Assets | $207M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $584M |
| TOTAL ASSETS | $803M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $21M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $54M |
| Long-Term Debt | $167M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$23M |
| TOTAL NON-CURRENT LIABILITIES | $182M |
| TOTAL LIABILITIES | $236M |
| Common Stock | $109.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$601M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $570M |
| Minority Interest | $0 |
| TOTAL EQUITY | $570M |
| TOTAL LIABILITIES & EQUITY | $803M |
| Total Debt | $167M |
| Net Debt | $160.0K |
