| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59M | $54M | $40M | 9.2% | 46.0% |
| Op. Income | -$15M | -$12M | -$9M | -32.9% | -76.6% |
| Gross Margin | 85.2% | 84.5% | 89.0% | 0.7pp | -3.8pp |
| Net Margin | -26.9% | -21.6% | -21.8% | -5.3pp | -5.1pp |
| EPS (Diluted) | $-0.20 | $-0.15 | $-0.11 | -33.3% | -81.8% |
| Free Cash Flow | -$1M | -$7M | $727.0K | 83.4% | -250.2% |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $50M |
| R&D Expenses | $17M |
| Selling & Marketing | $40M |
| General & Administrative | $9M |
| SG&A Expenses | $49M |
| Other Expenses | -$8.0K |
| Operating Expenses | $66M |
| Cost & Expenses | $75M |
| OPERATING INCOME | -$15M |
| Interest Income | $0 |
| Interest Expense | $26.0K |
| Other Income/Expenses | -$8.0K |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | $431.0K |
| 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 | $80.0K |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $504.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$116.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $479.0K |
| NET CASH FROM FINANCING | $363.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$786.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $43M |
| Inventory | $0 |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $102M |
| PP&E (Net) | $15M |
| Goodwill | $265.0K |
| Intangible Assets | $880.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $53M |
| TOTAL ASSETS | $156M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $161M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $184M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $70M |
| Deferred Tax Liabilities | -$3M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $78M |
| TOTAL LIABILITIES | $263M |
| Common Stock | $803.0K |
| Additional Paid-In Capital | $23M |
| Retained Earnings | -$408M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | -$554.0K |
| TOTAL STOCKHOLDERS' EQUITY | -$107M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$107M |
| TOTAL LIABILITIES & EQUITY | $156M |
| Total Debt | $3M |
| Net Debt | -$23M |
