| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $122M | $116M | $87M | 5.0% | 40.6% |
| Op. Income | $19M | $11M | $11M | 71.9% | 72.7% |
| Gross Margin | 38.6% | 31.5% | 40.0% | 7.0pp | -1.4pp |
| Net Margin | 11.4% | 78.8% | 10.9% | -67.4pp | 0.4pp |
| EPS (Diluted) | $0.41 | $2.68 | $0.29 | -84.7% | 41.4% |
| Free Cash Flow | $8M | $16M | -$4M | -50.1% | 305.5% |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $47M |
| R&D Expenses | $12M |
| Selling & Marketing | $8M |
| General & Administrative | $8M |
| SG&A Expenses | $16M |
| Other Expenses | -$102.0K |
| Operating Expenses | $29M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $19M |
| Interest Income | $410.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $1M |
| EBIT | $19M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $47M |
| R&D Expenses | $12M |
| Selling & Marketing | $8M |
| General & Administrative | $8M |
| SG&A Expenses | $16M |
| Other Expenses | -$102.0K |
| Operating Expenses | $29M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $19M |
| Interest Income | $410.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $1M |
| EBIT | $19M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $485.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$723.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$723.0K |
| NET CASH FROM INVESTING | -$723.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $220.0K |
| NET CASH FROM FINANCING | $220.0K |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $141M |
| Short-Term Investments | $0 |
| Net Receivables | $76M |
| Inventory | $135M |
| Other Current Assets | $770.0K |
| TOTAL CURRENT ASSETS | $362M |
| PP&E (Net) | $36M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $81M |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $144M |
| TOTAL ASSETS | $505M |
| Account Payables | $43M |
| Short-Term Debt | $0 |
| Deferred Revenue | $16M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $77M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $134M |
| Common Stock | $32.0K |
| Additional Paid-In Capital | $557M |
| Retained Earnings | -$189M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $372M |
| Minority Interest | $0 |
| TOTAL EQUITY | $372M |
| TOTAL LIABILITIES & EQUITY | $505M |
| Total Debt | $48M |
| Net Debt | -$93M |
