| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $91M | $106M | $122M | -13.4% | -25.1% |
| Op. Income | $7M | $12M | $19M | -38.4% | -61.6% |
| Gross Margin | 41.0% | 41.2% | 38.6% | -0.2pp | 2.4pp |
| Net Margin | 6.6% | 8.0% | 11.4% | -1.4pp | -4.8pp |
| EPS (Diluted) | $0.18 | $0.25 | $0.41 | -28.0% | -56.1% |
| Free Cash Flow | -$17M | $29M | $8M | -157.5% | -313.5% |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $38M |
| R&D Expenses | $14M |
| Selling & Marketing | $9M |
| General & Administrative | $8M |
| SG&A Expenses | $17M |
| Other Expenses | -$173.0K |
| Operating Expenses | $30M |
| Cost & Expenses | $84M |
| OPERATING INCOME | $7M |
| Interest Income | $841.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$562.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $472.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $2M |
| EBIT | $7M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $38M |
| R&D Expenses | $14M |
| Selling & Marketing | $9M |
| General & Administrative | $8M |
| SG&A Expenses | $17M |
| Other Expenses | -$173.0K |
| Operating Expenses | $30M |
| Cost & Expenses | $84M |
| OPERATING INCOME | $7M |
| Interest Income | $841.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$562.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $472.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $2M |
| EBIT | $7M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $582.0K |
| Other Non-Cash Items | $607.0K |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $163M |
| Short-Term Investments | $0 |
| Net Receivables | $71M |
| Inventory | $134M |
| Other Current Assets | $149.0K |
| TOTAL CURRENT ASSETS | $380M |
| PP&E (Net) | $50M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $71M |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $163M |
| TOTAL ASSETS | $543M |
| Account Payables | $30M |
| Short-Term Debt | $0 |
| Deferred Revenue | $17M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $66M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $60M |
| TOTAL LIABILITIES | $126M |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $568M |
| Retained Earnings | -$151M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $417M |
| Minority Interest | $0 |
| TOTAL EQUITY | $417M |
| TOTAL LIABILITIES & EQUITY | $543M |
| Total Debt | $49M |
| Net Debt | -$115M |
