FY 2017 | ||||||||||||||||
1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | YTD | ||||||||||||
Revenue | $ | 16,473 | $ | 20,007 | $ | 24,499 | $ | 16,949 | $ | 77,928 | ||||||
Cost of revenue | 11,609 | 14,371 | 17,784 | 12,192 | 55,956 | |||||||||||
Gross profit | 4,864 | 5,636 | 6,715 | 4,757 | 21,972 | |||||||||||
Expenses | ||||||||||||||||
Sales, marketing and support | 3,435 | 2,896 | 3,153 | 2,886 | 12,370 | |||||||||||
Product research, development & engineering | 953 | 1,317 | 1,303 | 889 | 4,462 | |||||||||||
General administrative | 2,039 | 1,868 | 1,816 | 1,470 | 7,193 | |||||||||||
Total expenses | 6,427 | 6,081 | 6,272 | 5,245 | 24,025 | |||||||||||
Profit/(loss) from operations | (1,563) | (445) | 443 | (488) | (2,053) | |||||||||||
Other expenses | ||||||||||||||||
Interest expense | (8) | (69) | (79) | (17) | (173) | |||||||||||
Other income/expenses | (96) | (22) | (96) | 17 | (197) | |||||||||||
(104) | (91) | (175) | - | (370) | ||||||||||||
Income/(loss) before taxes | (1,667) | (536) | 268 | (488) | (2,423) | |||||||||||
Income taxes | (80) | - | (49) | - | (129) | |||||||||||
Net income | $ | (1,747) | $ | (536) | $ | 219 | $ | (488) | $ | (2,552) | ||||||
Depreciation & amortization | 348 | 456 | 364 | 403 | 1,571 | |||||||||||
Interest expense | 8 | 69 | 79 | 17 | 173 | |||||||||||
Income taxes | 80 | - | 49 | - | 129 | |||||||||||
EBITDA | (1,311) | (11) | 711 | (632) | (679) | |||||||||||
Non-cash compensation | 175 | 127 | 111 | 98 | 511 | |||||||||||
Adjusted EBITDA | $ | (1,136) | $ | 116 | $ | 822 | $ | 30 | $ | (168) |