| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $125M | $100M | $89M | 25.2% | 40.1% |
| Op. Income | -$8M | -$13M | -$14M | 41.0% | 44.0% |
| Gross Margin | 40.0% | 37.8% | 29.3% | 2.2pp | 10.7pp |
| Net Margin | -37.1% | -15.6% | -14.3% | -21.5pp | -22.7pp |
| EPS (Diluted) | $-0.43 | $-0.16 | $-0.15 | -168.8% | -186.7% |
| Free Cash Flow | -$1M | $948.0K | $3M | -216.7% | -136.2% |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $50M |
| R&D Expenses | $29M |
| Selling & Marketing | $16M |
| General & Administrative | $13M |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $133M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $815.0K |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | -$46M |
| Income Tax Expense | $58.0K |
| Net Income from Continuing Ops | -$46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$46M |
| D&A | $1M |
| EBIT | -$45M |
| EBITDA | -$44M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$46M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $38M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $979.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $869.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67M |
| Short-Term Investments | $0 |
| Net Receivables | $85M |
| Inventory | $35M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $198M |
| PP&E (Net) | $13M |
| Goodwill | $2M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $226M |
| Account Payables | $49M |
| Short-Term Debt | $0 |
| Deferred Revenue | $31M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $145M |
| Long-Term Debt | $23M |
| Deferred Revenue NC | $39M |
| Deferred Tax Liabilities | $266M |
| Other Non-Current Liabilities | $274M |
| TOTAL NON-CURRENT LIABILITIES | $336M |
| TOTAL LIABILITIES | $481M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $34M |
| Retained Earnings | -$290M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$52M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$256M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$256M |
| TOTAL LIABILITIES & EQUITY | $226M |
| Total Debt | $23M |
| Net Debt | -$44M |
