| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $106M | $95M | $116M | 10.8% | -9.2% |
| Op. Income | $12M | $11M | $11M | 8.0% | 7.0% |
| Gross Margin | 41.2% | 41.8% | 31.5% | -0.6pp | 9.7pp |
| Net Margin | 8.0% | 9.3% | 78.8% | -1.3pp | -70.8pp |
| EPS (Diluted) | $0.25 | $0.26 | $2.68 | -3.8% | -90.7% |
| Free Cash Flow | $29M | -$297.0K | $16M | 9824.6% | 85.3% |
| Item | Amount |
|---|---|
| REVENUE | $106M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $44M |
| R&D Expenses | $14M |
| Selling & Marketing | $9M |
| General & Administrative | $8M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $12M |
| Interest Income | $810.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $106M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $44M |
| R&D Expenses | $14M |
| Selling & Marketing | $9M |
| General & Administrative | $8M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $12M |
| Interest Income | $810.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $548.0K |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$863.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$863.0K |
| NET CASH FROM INVESTING | -$863.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $853.0K |
| NET CASH FROM FINANCING | $853.0K |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $178M |
| Short-Term Investments | $0 |
| Net Receivables | $79M |
| Inventory | $129M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $397M |
| PP&E (Net) | $41M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $72M |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $152M |
| TOTAL ASSETS | $548M |
| Account Payables | $36M |
| Short-Term Debt | $0 |
| Deferred Revenue | $20M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $85M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $55M |
| TOTAL LIABILITIES | $140M |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $565M |
| Retained Earnings | -$157M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $448.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $408M |
| Minority Interest | $0 |
| TOTAL EQUITY | $408M |
| TOTAL LIABILITIES & EQUITY | $548M |
| Total Debt | $48M |
| Net Debt | -$130M |
