| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $53M | $50M | $46M | 5.9% | 14.8% |
| Op. Income | -$3M | -$6M | -$2M | 56.9% | -22.1% |
| Gross Margin | 73.0% | 72.0% | 71.0% | 1.0pp | 2.0pp |
| Net Margin | -6.5% | -14.5% | -5.6% | 8.0pp | -0.9pp |
| EPS (Diluted) | $-0.09 | $-0.22 | $-0.08 | 57.3% | -19.0% |
| Free Cash Flow | -$98.0K | $4M | $279.0K | -102.8% | -135.1% |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $39M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $33M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $41M |
| Cost & Expenses | $56M |
| OPERATING INCOME | -$3M |
| Interest Income | $656.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$744.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $79.0K |
| 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 | $2M |
| EBIT | -$2M |
| EBITDA | $192.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $226.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $985.0K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$77M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$70M |
| NET CASH FROM INVESTING | -$71M |
| Net Debt Issuance | -$147.0K |
| Common Stock Repurchased | -$35.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $84M |
| FREE CASH FLOW | -$98.0K |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $92M |
| Net Receivables | $25M |
| Inventory | $22M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $175M |
| PP&E (Net) | $27M |
| Goodwill | $105M |
| Intangible Assets | $49M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $495.0K |
| TOTAL NON-CURRENT ASSETS | $182M |
| TOTAL ASSETS | $357M |
| Account Payables | $10M |
| Short-Term Debt | $5M |
| Deferred Revenue | $886.0K |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $40M |
| Long-Term Debt | $36M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $67M |
| TOTAL LIABILITIES | $107M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $497M |
| Retained Earnings | -$247M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$199.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $249M |
| Minority Interest | $0 |
| TOTAL EQUITY | $249M |
| TOTAL LIABILITIES & EQUITY | $357M |
| Total Debt | $52M |
| Net Debt | $20M |
