| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $188M | $125M | $147M | 50.9% | 27.8% |
| Op. Income | $9M | -$8M | $3M | 220.3% | 181.0% |
| Gross Margin | 39.0% | 40.0% | 30.3% | -1.0pp | 8.7pp |
| Net Margin | 3.7% | -37.1% | 2.2% | 40.7pp | 1.5pp |
| EPS (Diluted) | $0.06 | $-0.43 | $0.04 | 114.0% | 59.2% |
| Free Cash Flow | $4M | -$1M | -$21M | 420.3% | 117.1% |
| Item | Amount |
|---|---|
| REVENUE | $188M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $73M |
| R&D Expenses | $31M |
| Selling & Marketing | $19M |
| General & Administrative | $14M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $179M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $326.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $171.0K |
| 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 | $1M |
| EBIT | $7M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $188M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $73M |
| R&D Expenses | $31M |
| Selling & Marketing | $19M |
| General & Administrative | $14M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $179M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $326.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $171.0K |
| 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 | $1M |
| EBIT | $7M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$111.0K |
| 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 | $107M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $110M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $177M |
| Short-Term Investments | $0 |
| Net Receivables | $121M |
| Inventory | $33M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $345M |
| PP&E (Net) | $15M |
| Goodwill | $1M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $27M |
| TOTAL ASSETS | $372M |
| Account Payables | $56M |
| Short-Term Debt | $0 |
| Deferred Revenue | $35M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $163M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $49M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $56M |
| TOTAL LIABILITIES | $220M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $436M |
| Retained Earnings | -$283M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $152M |
| Minority Interest | $0 |
| TOTAL EQUITY | $152M |
| TOTAL LIABILITIES & EQUITY | $372M |
| Total Debt | $0 |
| Net Debt | -$177M |
