| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $137M | $188M | $100M | -27.5% | 36.4% |
| Op. Income | -$7M | $9M | -$8M | -172.7% | 11.9% |
| Gross Margin | 46.2% | 39.0% | 38.8% | 7.2pp | 7.4pp |
| Net Margin | -4.9% | 3.7% | -8.7% | -8.5pp | 3.8pp |
| EPS (Diluted) | $-0.07 | $0.06 | $-0.10 | -211.2% | 33.3% |
| Free Cash Flow | -$18M | $4M | $25M | -609.4% | -173.1% |
| Item | Amount |
|---|---|
| REVENUE | $137M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $63M |
| R&D Expenses | $34M |
| Selling & Marketing | $20M |
| General & Administrative | $16M |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $70M |
| Cost & Expenses | $143M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $51.0K |
| Other Income/Expenses | $397.0K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $129.0K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $2M |
| EBIT | -$6M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $330.0K |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $161M |
| Short-Term Investments | $0 |
| Net Receivables | $106M |
| Inventory | $38M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $337M |
| PP&E (Net) | $17M |
| Goodwill | $1M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $360M |
| Account Payables | $41M |
| Short-Term Debt | $0 |
| Deferred Revenue | $36M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $146M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $167M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $445M |
| Retained Earnings | -$252M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $193M |
| Minority Interest | $0 |
| TOTAL EQUITY | $193M |
| TOTAL LIABILITIES & EQUITY | $360M |
| Total Debt | $0 |
| Net Debt | -$161M |
