| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50M | $50M | $38M | 0.5% | 32.9% |
| Op. Income | $3M | $5M | $2M | -50.8% | 13.0% |
| Gross Margin | 60.4% | 61.5% | 61.6% | -1.1pp | -1.2pp |
| Net Margin | 5.3% | 11.0% | 6.8% | -5.8pp | -1.5pp |
| EPS (Diluted) | $0.07 | $0.16 | $0.07 | -56.3% | 0.0% |
| Free Cash Flow | $8M | $5M | $5M | 63.4% | 62.8% |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $30M |
| R&D Expenses | $7M |
| Selling & Marketing | $10M |
| General & Administrative | $8M |
| SG&A Expenses | $17M |
| Other Expenses | -$36.0K |
| Operating Expenses | $28M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $3M |
| Interest Income | $156.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $120.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $168.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $4M |
| EBIT | $3M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $30M |
| R&D Expenses | $7M |
| Selling & Marketing | $10M |
| General & Administrative | $8M |
| SG&A Expenses | $17M |
| Other Expenses | -$36.0K |
| Operating Expenses | $28M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $3M |
| Interest Income | $156.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $120.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $168.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $4M |
| EBIT | $3M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $47.0K |
| Other Non-Cash Items | $12.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$14M |
| Purchases of Investments | -$732.0K |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | $14M |
| NET CASH FROM INVESTING | $20M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $322.0K |
| NET CASH FROM FINANCING | $29M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $74M |
| Short-Term Investments | $17M |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $108M |
| PP&E (Net) | $7M |
| Goodwill | $16M |
| Intangible Assets | $26M |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $68M |
| TOTAL ASSETS | $176M |
| Account Payables | $1M |
| Short-Term Debt | $1M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $28M |
| Long-Term Debt | $49M |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $56M |
| TOTAL LIABILITIES | $84M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $158M |
| Retained Earnings | -$44M |
| Treasury Stock | -$22M |
| Accum. Other Comp. Income | -$178.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $92M |
| Minority Interest | $0 |
| TOTAL EQUITY | $92M |
| TOTAL LIABILITIES & EQUITY | $176M |
| Total Debt | $50M |
| Net Debt | -$24M |
