| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46M | $45M | $41M | 2.8% | 10.5% |
| Op. Income | $5M | $5M | $3M | 2.8% | 58.4% |
| Gross Margin | 62.6% | 62.2% | 63.1% | 0.4pp | -0.5pp |
| Net Margin | 9.9% | 9.3% | 1.6% | 0.6pp | 8.3pp |
| EPS (Diluted) | $0.15 | $0.14 | $0.02 | 7.1% | 650.0% |
| Free Cash Flow | $11M | $3M | $8M | 260.7% | 43.8% |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $29M |
| R&D Expenses | $9M |
| Selling & Marketing | $12M |
| General & Administrative | $3M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $452.0K |
| Other Income/Expenses | $42.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $640.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $643.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $29M |
| R&D Expenses | $9M |
| Selling & Marketing | $12M |
| General & Administrative | $3M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $452.0K |
| Other Income/Expenses | $42.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $640.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $643.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $643.0K |
| Stock-Based Compensation | $989.0K |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$362.0K |
| Acquisitions (Net) | $80.0K |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$80.0K |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | -$621.0K |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $938.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $20M |
| Net Receivables | $28M |
| Inventory | $23M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $110M |
| PP&E (Net) | $4M |
| Goodwill | $36M |
| Intangible Assets | $1M |
| Long-Term Investments | $18M |
| Tax Assets | $4M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $66M |
| TOTAL ASSETS | $176M |
| Account Payables | $6M |
| Short-Term Debt | $2M |
| Deferred Revenue | $23M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $52M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $21M |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $82M |
| Common Stock | $92.0K |
| Additional Paid-In Capital | $257M |
| Retained Earnings | -$32M |
| Treasury Stock | -$130M |
| Accum. Other Comp. Income | -$276.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $95M |
| Minority Interest | $0 |
| TOTAL EQUITY | $95M |
| TOTAL LIABILITIES & EQUITY | $176M |
| Total Debt | $6M |
| Net Debt | -$25M |
