| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $62M | $61M | $60M | 2.2% | 3.0% |
| Op. Income | -$2M | -$2M | $4M | -54.5% | -158.5% |
| Gross Margin | 77.7% | 78.5% | 78.8% | -0.8pp | -1.1pp |
| Net Margin | -2.6% | -3.0% | 6.8% | 0.4pp | -9.4pp |
| EPS (Diluted) | $-0.02 | $-0.02 | $0.06 | 12.4% | -137.5% |
| Free Cash Flow | $2M | -$4M | $3M | 158.3% | -18.1% |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $48M |
| R&D Expenses | $15M |
| Selling & Marketing | $26M |
| General & Administrative | $9M |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $50M |
| Cost & Expenses | $64M |
| OPERATING INCOME | -$2M |
| Interest Income | $1M |
| Interest Expense | $30.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $422.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $2M |
| EBIT | -$1M |
| EBITDA | $704.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $212.0K |
| Other Non-Cash Items | -$220.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$545.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | -$251.0K |
| NET CASH FROM INVESTING | -$796.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41M |
| Short-Term Investments | $88M |
| Net Receivables | $54M |
| Inventory | $18M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $215M |
| PP&E (Net) | $7M |
| Goodwill | $1M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $21M |
| TOTAL ASSETS | $236M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $97M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $534.0K |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $97M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $376M |
| Retained Earnings | -$272M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$144.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $104M |
| Minority Interest | $0 |
| TOTAL EQUITY | $104M |
| TOTAL LIABILITIES & EQUITY | $201M |
| Total Debt | $0 |
| Net Debt | -$41M |
