| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $100M | $100M | $84M | -0.5% | 18.9% |
| Op. Income | -$13M | -$8M | -$14M | -70.8% | 2.1% |
| Gross Margin | 37.8% | 38.8% | 29.9% | -1.0pp | 7.9pp |
| Net Margin | -15.6% | -8.7% | -16.8% | -6.9pp | 1.3pp |
| EPS (Diluted) | $-0.16 | $-0.10 | $-3.00 | -60.0% | 94.7% |
| Free Cash Flow | $948.0K | $25M | -$11M | -96.2% | 108.8% |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $38M |
| R&D Expenses | $26M |
| Selling & Marketing | $15M |
| General & Administrative | $11M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $113M |
| OPERATING INCOME | -$13M |
| Interest Income | $0 |
| Interest Expense | $304.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | $38.0K |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $1M |
| EBIT | -$15M |
| EBITDA | -$14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $86.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $24M |
| FREE CASH FLOW | $948.0K |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $0 |
| Net Receivables | $56M |
| Inventory | $27M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $165M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $185M |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $31M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $103M |
| Long-Term Debt | $23M |
| Deferred Revenue NC | $37M |
| Deferred Tax Liabilities | $228M |
| Other Non-Current Liabilities | $236M |
| TOTAL NON-CURRENT LIABILITIES | $295M |
| TOTAL LIABILITIES | $398M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $31M |
| Retained Earnings | -$244M |
| Treasury Stock | -$16M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$213M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$213M |
| TOTAL LIABILITIES & EQUITY | $185M |
| Total Debt | $23M |
| Net Debt | -$47M |
