| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $54M | $30M | -25.8% | 32.5% |
| Op. Income | -$11M | $5M | -$11M | -339.1% | -2.2% |
| Gross Margin | 88.4% | 91.7% | 88.5% | -3.3pp | -0.1pp |
| Net Margin | -26.9% | 6.5% | -34.0% | -33.4pp | 7.0pp |
| EPS (Diluted) | $-0.13 | $0.04 | $-0.13 | -425.0% | 0.0% |
| Free Cash Flow | $7M | $2M | $5M | 335.3% | 44.0% |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $36M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $51M |
| OPERATING INCOME | -$11M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $469.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $323.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$784.0K |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $622.0K |
| EBIT | -$11M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $622.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $882.0K |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $70M |
| Net Receivables | $27M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $157M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $778.0K |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $168M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $55M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $78M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $89M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $197M |
| Retained Earnings | -$120M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $79M |
| Minority Interest | $0 |
| TOTAL EQUITY | $79M |
| TOTAL LIABILITIES & EQUITY | $168M |
| Total Debt | $0 |
| Net Debt | -$51M |
