- Q4 loss of $9.1 million and a loss of $3.02 per share
- Missed estimated Q1 results, lowers FY17 guidance
- Company beat on revenues, but sentiment still negative on the company
- Stock selloff due to major tanking in Q1 earnings
- Holders of senior secured convertibles notes removed restrictions and authorized the release of $1 million previously funded to the company
- Missed Q4 forecast with a profit of $0.42 per shares vs. estimate of $0.43 per share
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