| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $112M | $111M | $93M | 0.8% | 21.1% |
| Op. Income | $9M | $8M | $12M | 9.9% | -23.1% |
| Gross Margin | 65.3% | 65.1% | 69.4% | 0.2pp | -4.1pp |
| Net Margin | 8.0% | 7.1% | 11.3% | 0.9pp | -3.3pp |
| EPS (Diluted) | $0.18 | $0.16 | $0.21 | 12.5% | -14.3% |
| Free Cash Flow | -$4M | $23M | $473.0K | -118.1% | -977.2% |
| Item | Amount |
|---|---|
| REVENUE | $112M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $73M |
| R&D Expenses | $26M |
| Selling & Marketing | $13M |
| General & Administrative | $19M |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $9M |
| Interest Income | $808.0K |
| Interest Expense | $821.0K |
| Other Income/Expenses | $31.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $242.0K |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $7M |
| EBIT | $10M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $112M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $73M |
| R&D Expenses | $26M |
| Selling & Marketing | $13M |
| General & Administrative | $19M |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $9M |
| Interest Income | $808.0K |
| Interest Expense | $821.0K |
| Other Income/Expenses | $31.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $242.0K |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $7M |
| EBIT | $10M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $135.0K |
| Other Non-Cash Items | $167.0K |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $591.0K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $122M |
| Short-Term Investments | $0 |
| Net Receivables | $56M |
| Inventory | $26M |
| Other Current Assets | $36M |
| TOTAL CURRENT ASSETS | $241M |
| PP&E (Net) | $58M |
| Goodwill | $64M |
| Intangible Assets | $76M |
| Long-Term Investments | $0 |
| Tax Assets | $29M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $239M |
| TOTAL ASSETS | $480M |
| Account Payables | $20M |
| Short-Term Debt | $6M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $76M |
| Long-Term Debt | $102M |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | -$36M |
| Other Non-Current Liabilities | -$35M |
| TOTAL NON-CURRENT LIABILITIES | $112M |
| TOTAL LIABILITIES | $187M |
| Common Stock | $482.0K |
| Additional Paid-In Capital | $347M |
| Retained Earnings | -$55M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $292M |
| Minority Interest | $0 |
| TOTAL EQUITY | $292M |
| TOTAL LIABILITIES & EQUITY | $480M |
| Total Debt | $109M |
| Net Debt | -$14M |
