| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $129M | $115M | $87M | 12.0% | 47.8% |
| Op. Income | -$24M | -$20M | -$15M | -20.0% | -66.7% |
| Gross Margin | 53.7% | 52.0% | 57.1% | 1.6pp | -3.5pp |
| Net Margin | -18.4% | -16.4% | -16.3% | -2.0pp | -2.1pp |
| EPS (Diluted) | $-0.25 | $-0.20 | $-0.16 | -25.0% | -56.3% |
| Free Cash Flow | $11M | -$2M | -$6M | 676.4% | 279.2% |
| Item | Amount |
|---|---|
| REVENUE | $129M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $69M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $56M |
| Other Expenses | $0 |
| Operating Expenses | $94M |
| Cost & Expenses | $153M |
| OPERATING INCOME | -$24M |
| Interest Income | $700.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $665.0K |
| INCOME BEFORE TAX | -$24M |
| Income Tax Expense | $137.0K |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $6M |
| EBIT | -$24M |
| EBITDA | -$18M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $557.0K |
| Other Non-Cash Items | $28.0K |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | -$43M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$371.0K |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $118M |
| Short-Term Investments | $190M |
| Net Receivables | $57M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $382M |
| PP&E (Net) | $54M |
| Goodwill | $18M |
| Intangible Assets | $19M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $101M |
| TOTAL ASSETS | $483M |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $15M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $109M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $120M |
| Common Stock | $95.0K |
| Additional Paid-In Capital | $633M |
| Retained Earnings | -$273M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $363M |
| Minority Interest | $0 |
| TOTAL EQUITY | $363M |
| TOTAL LIABILITIES & EQUITY | $483M |
| Total Debt | $0 |
| Net Debt | -$118M |
