Quarterly report pursuant to Section 13 or 15(d)

Interim Segment Information (Tables)

v3.10.0.1
Interim Segment Information (Tables)
3 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Segment information
Segment information for the three months ended June 30, 2018, and 2017, is set forth below: 
 
 
Three months ended June 30, 2018
(in thousands)
 
IBW
 
ISM
 
CNS
 
Total
Revenue
 
$
3,557

 
$
5,744

 
$
3,736

 
$
13,037

Cost of revenue
 
1,895


2,796

 
2,411

 
7,102

Gross profit
 
1,662

 
2,948

 
1,325

 
5,935

Gross margin
 
46.7
%
 
51.3
%
 
35.5
%
 
45.5
%
Research and development
 
522

 
569

 
341

 
1,432

Segment profit
 
$
1,140

 
$
2,379

 
$
984

 
4,503

Operating expenses:
 
 
 
 
 
 
 
 
Sales and marketing
 
 
 
 
 
 
 
2,137

General and administrative
 
 
 
 
 
 
 
1,534

Intangible amortization
 
 
 
 
 
 
 
990

Operating profit (loss)
 
 
 
 
 
 
 
(158
)
Other income, net
 
 
 
 
 
 
 
119

Income tax benefit (expense)
 
 
 
 
 
 
 

Net income (loss)
 
 
 
 
 
 
 
$
(39
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended June 30, 2017
(in thousands)
 
IBW
 
ISM
 
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 (loss)
 
$
1,551

 
$
1,561

 
$
1,379

 
4,491

Operating expenses:
 
 
 
 
 
 
 
 
Sales and marketing
 
 
 
 
 
 
 
2,336

General and administrative
 
 
 
 
 
 
 
1,711

Intangible amortization
 
 
 
 
 
 
 
1,047

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

Income tax benefit (expense)
 
 
 
 
 
 
 
(12
)
Net income (loss)
 
 
 
 
 
 
 
$
(572
)