| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | — | $40M | — | 32.6% |
| Op. Income | -$15M | — | -$11M | — | -40.6% |
| Gross Margin | 88.0% | — | 88.4% | — | -0.5pp |
| Net Margin | -28.1% | — | -26.9% | — | -1.2pp |
| EPS (Diluted) | $-0.18 | — | $-0.13 | — | -38.5% |
| Free Cash Flow | $16M | — | $7M | — | 140.7% |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $47M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $47M |
| Other Expenses | $0 |
| Operating Expenses | $63M |
| Cost & Expenses | $69M |
| OPERATING INCOME | -$15M |
| Interest Income | $930.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $978.0K |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | $527.0K |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $797.0K |
| EBIT | -$15M |
| EBITDA | -$14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $797.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71M |
| Short-Term Investments | $83M |
| Net Receivables | $32M |
| Inventory | $0 |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $205M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $546.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $225M |
| Account Payables | $483.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $68M |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $105M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $119M |
| Common Stock | $29.0K |
| Additional Paid-In Capital | $232M |
| Retained Earnings | -$124M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $105M |
| Minority Interest | $0 |
| TOTAL EQUITY | $105M |
| TOTAL LIABILITIES & EQUITY | $225M |
| Total Debt | $0 |
| Net Debt | -$71M |
