| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $45M | $45M | $35M | 0.5% | 30.0% |
| Op. Income | -$10M | -$10M | -$16M | -5.3% | 33.0% |
| Gross Margin | 72.9% | 74.1% | 75.0% | -1.2pp | -2.1pp |
| Net Margin | -23.3% | -21.7% | -44.8% | -1.6pp | 21.5pp |
| EPS (Diluted) | $-0.25 | $-0.23 | $-0.38 | -8.7% | 34.2% |
| Free Cash Flow | $2M | $6M | -$3M | -66.1% | 174.0% |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $33M |
| R&D Expenses | $11M |
| Selling & Marketing | $25M |
| General & Administrative | $7M |
| SG&A Expenses | $32M |
| Other Expenses | -$115.0K |
| Operating Expenses | $43M |
| Cost & Expenses | $56M |
| OPERATING INCOME | -$10M |
| Interest Income | $0 |
| Interest Expense | $169.0K |
| Other Income/Expenses | $54.0K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $129.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $2M |
| EBIT | -$10M |
| EBITDA | -$9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $360.0K |
| Other Non-Cash Items | $97.0K |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $900.0K |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$169.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $29M |
| Net Receivables | $34M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $121M |
| PP&E (Net) | $8M |
| Goodwill | $75M |
| Intangible Assets | $8M |
| Long-Term Investments | $17M |
| Tax Assets | $0 |
| Other Non-Current Assets | $720.0K |
| TOTAL NON-CURRENT ASSETS | $109M |
| TOTAL ASSETS | $230M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $117M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $138M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $51M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $54M |
| TOTAL LIABILITIES | $192M |
| Common Stock | $428.0K |
| Additional Paid-In Capital | $442M |
| Retained Earnings | -$400M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$39.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $38M |
| Minority Interest | $0 |
| TOTAL EQUITY | $38M |
| TOTAL LIABILITIES & EQUITY | $230M |
| Total Debt | $0 |
| Net Debt | -$51M |
