| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $114M | $100M | $112M | 14.0% | 1.5% |
| Op. Income | $3M | -$4M | $3M | 180.9% | 9.9% |
| Gross Margin | 42.2% | 36.3% | 38.5% | 5.9pp | 3.6pp |
| Net Margin | -0.8% | -8.9% | -4.7% | 8.0pp | 3.9pp |
| EPS (Diluted) | $-0.01 | $-0.10 | $-0.06 | 89.0% | 82.6% |
| Free Cash Flow | $26M | $2M | $22M | 1554.4% | 18.0% |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $66M |
| GROSS PROFIT | $48M |
| R&D Expenses | $15M |
| Selling & Marketing | $17M |
| General & Administrative | $13M |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $111M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$411.0K |
| Net Income from Continuing Ops | -$946.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$946.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$946.0K |
| D&A | $2M |
| EBIT | $3M |
| EBITDA | $5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$946.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $624.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $440.0K |
| Other Investing Activities | $107.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $0 |
| Net Receivables | $66M |
| Inventory | $109M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $284M |
| PP&E (Net) | $24M |
| Goodwill | $58M |
| Intangible Assets | $821.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $95M |
| TOTAL ASSETS | $379M |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $98M |
| Other Current Liabilities | $98M |
| TOTAL CURRENT LIABILITIES | $169M |
| Long-Term Debt | $131M |
| Deferred Revenue NC | $21M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $161M |
| TOTAL LIABILITIES | $330M |
| Common Stock | $86.0K |
| Additional Paid-In Capital | $522M |
| Retained Earnings | -$474M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $49M |
| Minority Interest | $0 |
| TOTAL EQUITY | $49M |
| TOTAL LIABILITIES & EQUITY | $379M |
| Total Debt | $131M |
| Net Debt | $48M |
