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betterU Issues Bi-Weekly Default Status Report Regarding Management Cease Trade Order




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OTTAWA, Aug. 14, 2019 (GLOBE NEWSWIRE) — betterU Education Corp. (TSX VENTURE:BTRU) (FRANKFURT:5OGA), (the “Company” or “betterU”) is providing this bi-weekly default status report in accordance with National Policy 12-203 – Cease Trade Orders for Continuous Disclosure Defaults (“NP 12-203“). In its initial default announcement of July 25, 2019 (the “Default Notice“), the Company announced the delay in the filing of its audited annual financial statements for the fiscal year ended March 31, 2019 (the “2018 Annual Financial Statements“), the accompanying management’s discussion and analysis and the related CEO and CFO certifications (collectively, the “Annual Filings“) by the filing deadline of July 29th 2019.

As previously announced, the Company applied for and was granted management cease trade orders in respect of the delayed Annual Filings (the “MCTO“) by the British Columbia Securities Commission and the Ontario Securities Commission which prohibit the chief financial officer and the chief executive officer from trading in the Company’s securities for so long as there are filings that are outstanding under applicable securities laws. The MCTO does not affect the ability of the general investing public to trade in the Company’s listed common shares.

The audit of the 2018 Annual Financial Statements is well underway with BDO and the Company currently continues to expect to file the Annual Filings before the end of September 2019.

The Company confirms that since the Default Notice: (i) there is no material change to the information set out in the Default Notice that has not been generally disclosed; (ii) there has been no failure by the Company in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines set out in NP 12-203; (iii) there has not been any other specified default by the Company under NP 12-203; and (iv) there is no other material information concerning the affairs of the Company that has not been generally disclosed.

The Company will continue to comply with the provisions of the alternative information guidelines under NP 12-203 by issuing bi-weekly default status reports in the form of news releases for so long as it remains in default of the filing requirements set out above.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About betterU
betterU, an online education technology company, aims to provide access to quality education from around the world in order to foster growth and opportunity to those who want to better their lives. The Company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated ecosystem. betterU’s offerings can be categorized into four broad functions: to compliment school programs with flexible KG-12 programs preparing children for their next stage of education, to foster an exceptional educational environment by providing befitting skills that lead to a better career, to bridge the gap between one’s existing education and prospective job requirement by training them and lastly, to connect the end user to various job opportunities.

By their nature, forward-looking statements include assumptions and are subject to inherent risks and uncertainties that could cause actual future results, conditions, actions or events to differ materially from those in the forward-looking statements. If and when forward-looking statements are set out in this news release, BetterU will also set out the material risk factors or assumptions used to develop the forward-looking statements. Except as expressly required by applicable securities law, the Company assumes no obligation to update or revise any forward-looking statements. The future outcomes that relate to forward-looking statements may be influenced by many factors, including, but not limited to: industry cyclicality; the ability to secure third party agreements; successful integration of BetterU’s system with third party technology; competition; reduction in demand for products; collection from customers; relationships with suppliers; product liability; intellectual property; reliance on key personnel; environmental; interest rates; uninsured and underinsured losses; operating hazards; risks of future legal proceedings; income tax matters; credit facilities; availability and terms of financing; distribution of securities; restrictions on potential growth; effect of market interest rates on price of securities; and potential dilution. betterU does not assume any obligation to update any forward-looking statements except as required by law.


On behalf of the Board of Directors,
betterU Education Corp.
Brad Loiselle, CEO


Investor Relations

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dynaCERT Announces Strategic Investment by Way of Private Placement




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TORONTO, Nov. 13, 2019 (GLOBE NEWSWIRE) — dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (FRA: DMJ) (“dynaCERT” or the “Company”) is pleased to announce the completion of an arm’s length equity offering for aggregate gross proceeds of $1,350,000 (the “Offering”).  The Company has issued an aggregate of 2,700,000 units (each, a “Unit”) at a price of $0.50 per Unit, with each Unit consisting of one (1) common share (a “Share”) and one-half (1/2) of one common share purchase warrant.  Each whole warrant (a “Warrant”) entitles the holder thereof to purchase one (1) Share at an exercise price of $0.65 per Share on or before November 13, 2021, subject to 30-day notice of acceleration expiry at the option of the Company at any time if, for any ten consecutive trading days during the unexpired term of such Warrants, the closing price of the Company’s Shares on the TSX Venture Exchange is greater than $0.80.  The Offering has been fully subscribed.  In accordance with applicable securities laws, all of the Shares and Warrants issued under the Offering are subject to a hold period equal to four (4) month plus one day, which will expire on March 14, 2020.

The net proceeds of the Offering will be used in part for capital expenditures related to dynaCERT‘s assembly line of HydraGENä Technology in Toronto to improve such assembly’s efficiency and fulfill timely delivery of sales of products as previously announced and to now expedite current and new deliveries to Europe, Mexico and North America (see Press Releases of October 16, 2019 and August 20, 2019) and for general working capital purposes.

A major European strategic investor has subscribed for a substantial majority of the Offering. In addition, KarbonKleen Inc., a preferred systems provider of HydraGENä Technology in North America, has also subscribed in this Offering.

Jim Payne, President & CEO of dynaCERT stated, “It is great to see the strong commitment and unwavering belief in the future of our Company by strong investors in both Europe and North America. The proceeds of this Offering further expedites the prompt deliveries of previously announced orders which are of great strategic importance to dynaCERT”.

The securities offered hereby have not and will not be registered under the United States Securities Act of 1933 (the “1933 Act”) and may not be offered or sold in the United States or to U.S. persons (as defined in Regulation S under the 1933 Act) unless the securities have been registered under the 1933 Act, or are otherwise exempt from such registration.

About dynaCERT Inc.

dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology for use with internal combustion engines. As part of the growing global hydrogen economy, our patented technology creates hydrogen and oxygen on-demand through a unique electrolysis system and supplies these gases through the air intake to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency. Our technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment, marine vessels and railroad locomotives. Website:

Except for statements of historical fact, this news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. In particular, forward-looking information in this press release includes, but is not limited to the potential uses of proceeds from the sales of securities under the Offering. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance of achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.

Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: uncertainty as to whether our strategies and business plans will yield the expected benefits; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology and changes in laws and regulations; the uncertainty of the emerging hydrogen economy; including the hydrogen economy moving at a pace not anticipated; our ability to secure and maintain strategic relationships and distribution agreements; and the other risk factors disclosed under our profile on SEDAR at Readers are cautioned that this list of risk factors should not be construed as exhaustive.

The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.

On Behalf of the Board

Murray James Payne, CEO
For more information, please contact:

Jim Payne, CEO & President
dynaCERT Inc.
#101 – 501 Alliance Avenue Toronto, Ontario M6N 2J1
+1 (416) 766-9691 x 2

Investor Relations
dynaCERT Inc.
Nancy Massicotte
+1 (416) 766-9691 x 1

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Domo Named to Deloitte’s Technology Fast 500™ For Third Consecutive Year




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SILICON SLOPES, Utah, Nov. 13, 2019 (GLOBE NEWSWIRE) — Domo (Nasdaq: DOMO) today announced that for the third consecutive year, it was named to Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Domo ranked 382 on this annual list.

Domo’s founder and CEO, Josh James, commented, “Domo has been successful in helping organizations easily, quickly and securely address the data challenges that other technologies cannot at scale. Our platform empowers decision-makers across the enterprise with the insights they need to quickly deliver value back to the business with data. I’m very proud of our team’s continued focus and relentless drive to have a transformative impact on the way our customers are putting data to work.”

“This year marks the 25th anniversary of Deloitte’s Technology Fast 500, so we are especially pleased to announce and congratulate the 2019 winners,” said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “Once again, we saw innovation across the board, with software companies continuing their dominance of the top ten. It’s always inspiring to see how the Fast 500 companies are transforming business and the world we live and work in.”

“As technology innovation trends towards ‘everything as a service,’ it’s no surprise that software companies dominate the winners list yet again this year,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “What’s exciting about celebrating 25 years of the Tech Fast 500 is we now have a quarter century of innovation stories to draw and reflect upon. These are the companies that push boundaries, help organizations become more efficient and productive, and ultimately enable businesses to drive growth and revenue. We congratulate all the well-deserving winners.”

Domo’s inclusion in the 2019 Technology Fast 500 list follows a series of recent accolades in 2019, including the Dresner 2019 Wisdom of Crowds Industry Excellence AwardsDresner 2019 Business Intelligence (BI) Market Study, Dresner 2019 Collective Insights Market Study, and Constellation ShortList for Cloud-Based BI and Analytics Platform, among others.

About Deloitte’s 2019 Technology Fast 500™
Now in its 25th year, Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2015 to 2018.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see to learn more about our global network of member firms.

About Domo

Domo’s mission is to be the operating system for business, digitally connecting all your people, your data and your systems, empowering them to collaborate better, make better decisions and be more efficient, right from their phones. Domo works with many of the world’s leading and most progressive brands across multiple industries including retail, media and entertainment, manufacturing, finance and more. For more information about Domo (Nasdaq: DOMO), visit You can also follow Domo on TwitterFacebook and LinkedIn.

Domo is a registered trademark of Domo, Inc.

Domo Disclosure Channels to Disseminate Information
Domo investors and others should note that we announce material information to the public about our company, products and services, and other issues through a variety of means, including Domo’s website, press releases, SEC filings, blogs and social media, in order to achieve broad, non-exclusionary distribution of information to the public. We intend to use the Domo Facebook page, the Domo LinkedIn page, the Domo blog, the @Domotalk Twitter account and the @JoshJames Twitter account as a means of disclosing information about the Company and its services and for complying with the disclosure obligations under Regulation FD. The information we post through these social media channels may be deemed material. Accordingly, we encourage investors and others to monitor these social media channels in addition to following our press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described here may be updated from time to time as listed on our investor relations webpage.

Domo, Inc.

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Lantronix Reports First Quarter Fiscal 2020 Results




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  • First Quarter Net Revenue was $12.7 Million, Up 4% from the Prior Year and Up 25% Sequentially
  • GAAP EPS, Inclusive of Acquisition and Restructuring Expenses was ($0.11) per share
  • Non-GAAP EPS was $0.00 per share
  • Closed the Acquisition of Maestro Wireless, Adding Mobile Connectivity and Asset Tracking to Product Portfolio
  • Announced the Definitive Agreement to Acquire Intrinsyc Technologies Corporation, Which is Expected to Close Early 2020

IRVINE, Calif., Nov. 13, 2019 (GLOBE NEWSWIRE) — Lantronix, Inc. (NASDAQ: LTRX), a global provider of secure data access and management solutions for the industrial Internet of Things (IoT) today reported results for the first quarter of fiscal 2020 that ended September 30, 2019.

Net revenue totaled $12.7 million, up 4% year over year and 25% sequentially, reflecting the acquisition of Maestro Wireless (Maestro).

GAAP gross margin for the first quarter of fiscal 2020 was 48.6%, including the contribution from Maestro and a non-cash charge of $0.2 million for amortization of manufacturing profit in acquired inventory. 

GAAP EPS was ($0.11), compared to ($0.00) in the year-ago quarter and ($0.06) in the prior quarter and reflecting expenses related to the acquisition of Maestro.  Non-GAAP EPS was $0.00, down from $0.04 in the year-ago first quarter and $0.03 in the prior fiscal quarter.

Business Outlook
Lantronix expects net revenue in the second quarter of fiscal 2020 between $12.5 million and $13.5 million and non-GAAP EPS between $0.02 and $0.06.

For Fiscal 2020, Lantronix continues to expect revenue growth of 15% and non-GAAP EPS growth of 30% for its current business as compared to Fiscal 2019.  Assuming that the recently announced acquisition of Intrinsyc Technologies is closed by January of 2020, Lantronix expects fiscal 2020 revenue growth on the order of 25% and non-GAAP EPS growth of 35% as compared to Fiscal 2019.

“Our first quarter was one of change and progress,” said Paul Pickle, president and CEO of Lantronix.  “As we look to the remainder of the fiscal year we are steadfastly focused on organic growth, the closure and integration of recently announced acquisitions, and the realization of synergies equating to strong earnings growth for the benefit of shareholders.”

Conference Call and Webcast
Lantronix will host an investor conference call and audio webcast today at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its results for the first quarter of fiscal 2020 that ended September 30, 2019. To access the live conference call, investors should dial 1-844-802-2442 (US) or 1-412-317-5135 (international) and indicate that they are participating in the Lantronix Q1 FY 2020 call. The webcast will be available simultaneously via the investor relations section of the Company’s website at

Investors can access a replay of the conference call starting at approximately 5:00 p.m. Pacific Time today at A telephonic replay will also be available through December 13, 2019, by dialing 1-877-344-7529 (US) or 1-412-317-0088 (international) and entering passcode 10136685.

About Lantronix 
Lantronix, Inc. is a global provider of secure data access and management solutions for the Internet of Things (IoT) assets. Our mission is to be the leading supplier of IoT solutions that enable companies to dramatically simplify the creation, deployment, and management of IoT projects while providing secure access to data for applications and people.

With more than two decades of experience in creating robust machine to machine (M2M) technologies, Lantronix is an innovator in enabling our customers to build new business models and realize the possibilities of the Internet of Things. Our connectivity solutions are deployed inside millions of machines serving a wide range of industries, including industrial, medical, security, transportation, retail, financial, environmental and government.

Lantronix is headquartered in Irvine, California. For more information, visit
Learn more on the Lantronix blog,, featuring industry discussion and updates. To follow Lantronix on Twitter, please visit View our video library on YouTube at or connect with us on LinkedIn at

Discussion of Non-GAAP Financial Measures

Lantronix believes that the presentation of non-GAAP financial information, when presented in conjunction with the corresponding GAAP measures, provides important supplemental information to management and investors regarding financial and business trends relating to the company’s financial condition and results of operations. Management uses the aforementioned non-GAAP measures to monitor and evaluate ongoing operating results and trends to gain an understanding of our comparative operating performance. The non-GAAP financial measures disclosed by the company should not be considered a substitute for, or superior to, financial measures calculated in accordance with GAAP, and the financial results calculated in accordance with GAAP and reconciliations of the non-GAAP financial measures to the financial measures calculated in accordance with GAAP should be carefully evaluated. The non-GAAP financial measures used by the company may be calculated differently from, and therefore may not be comparable to, similarly titled measures used by other companies. The company has provided reconciliations of the non-GAAP financial measures to the most directly comparable GAAP financial measures.

Non-GAAP net income (loss) consists of net income (loss) excluding (i) share-based compensation and the employer portion of withholding taxes on stock grants, (ii) depreciation and amortization, (iii) interest income (expense), (iv) other income (expense), (v) income tax provision (benefit), (vi) severance and restructuring charges, (vii) acquisition-related costs, (viii) impairment of long-lived assets, (viiii) amortization of purchased intangibles, and (x) amortization of manufacturing profit in acquired inventory.

Non-GAAP net income (loss) per share is calculated by dividing non-GAAP net income (loss) by non-GAAP weighted-average shares outstanding (diluted). For purposes of calculating non-GAAP net income (loss) per share, the calculation of GAAP weighted-average shares outstanding (diluted) is adjusted to exclude share-based compensation, which for GAAP purposes is treated as proceeds assumed to be used to repurchase shares under the GAAP treasury stock method.

Guidance on earnings per share growth is provided only on a non-GAAP basis due to the inherent difficulty of forecasting the timing or amount of certain items that have been excluded from the forward-looking non-GAAP measures, and a reconciliation to the comparable GAAP guidance has not been provided because certain factors that are materially significant to Lantronix’s ability to estimate the excluded items are not accessible or estimable on a forward-looking basis without unreasonable effort.

Forward-Looking Statements

This news release contains forward-looking statements, including statements concerning our acquisition activity, operational synergies, our product development efforts, and our projected operating and financial performance. These forward-looking statements are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. We have based our forward-looking statements on our current expectations and projections about trends affecting our business and industry and other future events. Although we do not make forward-looking statements unless we believe we have a reasonable basis for doing so, we cannot guarantee their accuracy. Forward-looking statements are subject to substantial risks and uncertainties that could cause our results or experiences, or future business, financial condition, results of operations or performance, to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. Some of the risks and uncertainties that may cause actual results to differ from those expressed or implied in the forward-looking statements are described in “Risk Factors” in our Annual Report on Form 10-K filed with the Securities and Exchange Commission, or SEC, as well as in our other filings with the SEC. In addition, actual results may differ as a result of additional risks and uncertainties of which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the NASDAQ Stock Market, LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.

Lantronix Investor Relations Contact:  
Jeremy Whitaker
Chief Financial Officer

© 2019 Lantronix, Inc. All rights reserved. Lantronix and XPort are registered trademarks, and ConsoleFlow is a trademark, of Lantronix, Inc.

 (In thousands)
    September 30,   June 30,
      2019       2019  
Current assets:        
Cash and cash equivalents   $ 12,028     $ 18,282  
Accounts receivable, net     7,845       7,388  
Inventories, net     12,423       10,509  
Contract manufacturers’ receivable     419       1,324  
Prepaid expenses and other current assets     1,274       687  
Total current assets     33,989       38,190  
Property and equipment, net     1,351       1,199  
Goodwill     12,458       9,488  
Intangible assets, net     1,768        
Other assets     1,188       67  
Total assets   $ 50,754     $ 48,944  
Liabilities and stockholders’ equity        
Current liabilities:        
Accounts payable   $ 5,986     $ 4,716  
Accrued payroll and related expenses     2,588       2,060  
Warranty reserve     108       116  
Other current liabilities     6,296       4,580  
Total current liabilities     14,978       11,472  
Other non-current liabilities     384       206  
Total liabilities     15,362       11,678  
Commitments and contingencies        
Stockholders’ equity:        
Common stock     2       2  
Additional paid-in capital     226,870       226,274  
Accumulated deficit     (191,851 )     (189,381 )
Accumulated other comprehensive income   371       371  
Total stockholders’ equity     35,392       37,266  
Total liabilities and stockholders’ equity   $ 50,754     $ 48,944  
(In thousands, except per share data)
    Three Months Ended
    September 30,   June 30,   September 30,
    2019   2019   2018
Net revenue   $ 12,741   $ 10,153   $ 12,279
Cost of revenue   6,546   4,411   5,499
Gross profit   6,195   5,742   6,780
Operating expenses:            
Selling, general and administrative   4,473   3,554   4,271
Research and development   2,621   2,200   2,215
Restructuring, severance and related charges   749   823   323
Acquisition-related costs   643   410  
Impairment of long-lived asset     275  
Amortization of purchased intangible assets   144    
Total operating expenses   8,630   7,262   6,809
Loss from operations   (2,435)   (1,520)   (29)
Interest income (expense), net   56   89   (4)
Other income (expense), net   (43)   (1)   (10)
Loss before income taxes   (2,422)   (1,432)   (43)
Provision for income taxes   48   27   40
Net loss   $ (2,470)   $ (1,459)   $ (83)
Net loss per share – basic and diluted   $ (0.11)   $ (0.06)   $ (0.00)
Weighted-average common shares – basic and diluted   22,913   22,621   19,323
(In thousands, except per share data )
    Three Months Ended
    September 30,
    June 30,   September 30,
    2019     2019     2018  
GAAP net loss   $ (2,470 )   $ (1,459 )   $ (83 )
Non-GAAP adjustments:            
Cost of revenue:            
Share-based compensation     24       23       17  
Employer portion of withholding taxes on stock grants     1              
Depreciation and amortization     67       53       48  
Total adjustments to cost of revenue     92       76       65  
Selling, general and administrative:            
Share-based compensation     459       491       400  
Employer portion of withholding taxes on stock grants     5             6  
Depreciation and amortization     54       48       46  
Total adjustments to selling, general and administrative     518       539       452  
Research and development:            
Share-based compensation     95       97       61  
Employer portion of withholding taxes on stock grants     4              
Depreciation and amortization     26       22       11  
Total adjustments to research and development     125       119       72  
Restructuring, severance and related charges     749       823       323  
Acquisition related costs     643       410        
Impairment of long-lived asset           275        
Amortization of purchased intangible assets     144              
Amortization of manufacturing profit in acquired inventory     171              
Total non-GAAP adjustments to operating expenses     2,350       2,166       847  
Interest (income) expense, net     (56 )     (89 )     4  
Other expense, net     43       1       10  
Provision for income taxes     48       27       40  
Total non-GAAP adjustments     2,477       2,181       966  
Non-GAAP net income   $ 7     $ 722     $ 883  
Non-GAAP net income per share – diluted   $ 0.00     $ 0.03     $ 0.04  
Denominator for GAAP net loss per share – diluted   $ 22,913     $ 22,621     $ 19,323  
Non-GAAP adjustment     1,834       1,909       2,472  
Denominator for non-GAAP net income per share – diluted   $ 24,747     $ 24,530     $ 21,795  
GAAP operating expenses   $ 8,630     $ 7,262     $ 6,809  
Non-GAAP adjustments to operating expenses     (2,350 )     (2,166 )     (847 )
Non-GAAP operating expenses   $ 6,280     $ 5,096     $ 5,962  
(In thousands)  
  Three Months Ended    
  September 30,
  June 30,
  September 30,
IoT $ 10,221   $ 8,327   $ 8,967    
IT Management   2,301     1,646     3,101    
Other   219     180     211    
  $ 12,741   $ 10,153   $ 12,279    
  Three Months Ended    
  September 30,
  June 30,
  September 30,
Americas $ 5,764   $ 5,217   $ 6,914    
EMEA   4,521     3,229     3,520    
Asia Pacific Japan   2,456     1,707     1,845    
  $ 12,741   $ 10,153   $ 12,279    

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