| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42M | $41M | $37M | 2.4% | 13.5% |
| Op. Income | $3M | $3M | $2M | -8.6% | 50.4% |
| Gross Margin | 64.0% | 63.1% | 62.4% | 0.9pp | 1.6pp |
| Net Margin | 5.7% | 1.6% | 3.5% | 4.1pp | 2.3pp |
| EPS (Diluted) | $0.08 | $0.02 | $0.04 | 300.0% | 100.0% |
| Free Cash Flow | $8M | $8M | $391.0K | 2.3% | 1947.6% |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $27M |
| R&D Expenses | $9M |
| Selling & Marketing | $13M |
| General & Administrative | $3M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $3M |
| Interest Income | $243.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $243.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $766.0K |
| 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 | $540.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $27M |
| R&D Expenses | $9M |
| Selling & Marketing | $13M |
| General & Administrative | $3M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $3M |
| Interest Income | $243.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $243.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $766.0K |
| 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 | $540.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $540.0K |
| Stock-Based Compensation | $695.0K |
| Deferred Income Tax | $103.0K |
| Other Non-Cash Items | $15.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$280.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $727.0K |
| Other Investing Activities | $727.0K |
| NET CASH FROM INVESTING | $447.0K |
| Net Debt Issuance | -$636.0K |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $14M |
| Net Receivables | $28M |
| Inventory | $18M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $90M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $38M |
| Long-Term Investments | $12M |
| Tax Assets | $6M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $84M |
| TOTAL ASSETS | $174M |
| Account Payables | $6M |
| Short-Term Debt | $3M |
| Deferred Revenue | $22M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $50M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $84M |
| Common Stock | $90M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $90M |
| Minority Interest | $0 |
| TOTAL EQUITY | $90M |
| TOTAL LIABILITIES & EQUITY | $174M |
| Total Debt | $8M |
| Net Debt | -$14M |
