Quarterly report pursuant to Section 13 or 15(d)

Interim Segment Information (Tables)

v3.7.0.1
Interim Segment Information (Tables)
3 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Segment information
Segment information for the three months ended June 30, 2017, and 2016, is set forth below: 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended June 30, 2017
 
(in thousands)
 
IBW
 
ISMS
 
CNS
 
Total
 
Revenue
 
$
6,956

 
$
4,130

 
$
5,488

 
$
16,574

 
Cost of revenue
 
3,942


2,004

 
3,861

 
9,807

 
Gross profit
 
3,014

 
2,126

 
1,627

 
6,767

 
Gross margin
 
43.3
%
 
51.5
%
 
29.6
%
 
40.8
%
 
Research and development
 
1,463

 
565

 
248

 
2,276

 
Segment profit
 
$
1,551

 
$
1,561

 
$
1,379

 
4,491

 
Operating expenses:
 
 
 
 
 
 
 
 
 
Sales and marketing
 
 
 
 
 
 
 
2,336

 
General and administrative
 
 
 
 
 
 
 
1,711

 
Intangible amortization
 
 
 
 
 
 
 
1,047

 
Restructuring
 
 
 
 
 
 
 

 
Long-lived assets impairment
 
 
 
 
 
 
 

 
Operating profit (loss)
 
 
 
 
 
 
 
(603
)
 
Other income (expense), net
 
 
 
 
 
 
 
43

 
Income tax benefit (expense)
 
 
 
 
 
 
 
(12
)
 
Net income (loss)
 
 
 
 
 
 
 
$
(572
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended June 30, 2016
 
(in thousands)
 
IBW
 
ISMS
 
CNS
 
Total
 
Revenue
 
$
6,121

 
$
4,139

 
$
4,556

 
$
14,816

 
Cost of revenue
 
5,127

(1) 
2,120

 
3,004

 
10,251

(1) 
Gross profit
 
994

(1) 
2,019

 
1,552

 
4,565

(1) 
Gross margin
 
16.2
%
(1) 
48.8
%
 
34.1
%
 
30.8
%
(1) 
Research and development
 
2,364

 
1,294

 
619

 
4,277

 
Segment profit (loss)
 
$
(1,370
)
 
$
725

 
$
933

 
288

 
Operating expenses:
 
 
 
 
 
 
 
 
 
Sales and marketing
 
 
 
 
 
 
 
3,381

 
General and administrative
 
 
 
 
 
 
 
2,345

 
Intangible amortization
 
 
 
 
 
 
 
1,200

 
Restructuring
 
 
 
 
 
 
 
(36
)
 
Long-lived assets impairment
 
 
 
 
 
 
 
1,181

 
Operating profit (loss)
 
 
 
 
 
 
 
(7,783
)
 
Other income (expense), net
 
 
 
 
 
 
 
17

 
Income tax benefit (expense)
 
 
 
 
 
 
 
(2
)
 
Net income (loss) from continuing operations
 
 
 
 
 
 
 
$
(7,768
)
 


(1) The three months ended June 30, 2016, includes E&O expense for ClearLink DAS inventory and pipeline inventory. See Note 2, Restructuring Charges.