| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $160M | $172M | $182M | -7.4% | -12.2% |
| Op. Income | $4M | $13M | $18M | -65.9% | -76.2% |
| Gross Margin | 36.1% | 35.8% | 38.5% | 0.2pp | -2.5pp |
| Net Margin | 6.5% | 13.2% | 9.6% | -6.7pp | -3.1pp |
| EPS (Diluted) | $0.15 | $0.32 | $0.25 | -53.1% | -40.0% |
| Free Cash Flow | $28M | $16M | $29M | 76.8% | -4.3% |
| Item | Amount |
|---|---|
| REVENUE | $160M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $58M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $41M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $155M |
| OPERATING INCOME | $4M |
| Interest Income | $688.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $12M |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $9M |
| EBIT | $4M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $160M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $58M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $41M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $155M |
| OPERATING INCOME | $4M |
| Interest Income | $688.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $12M |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $9M |
| EBIT | $4M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$264.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$500.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $198M |
| Short-Term Investments | $46M |
| Net Receivables | $125M |
| Inventory | $97M |
| Other Current Assets | $98M |
| TOTAL CURRENT ASSETS | $565M |
| PP&E (Net) | $60M |
| Goodwill | $256M |
| Intangible Assets | $100M |
| Long-Term Investments | $7M |
| Tax Assets | $44M |
| Other Non-Current Assets | $64M |
| TOTAL NON-CURRENT ASSETS | $531M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $45M |
| Short-Term Debt | $2M |
| Deferred Revenue | $27M |
| Other Current Liabilities | $45M |
| TOTAL CURRENT LIABILITIES | $165M |
| Long-Term Debt | $194M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $213M |
| TOTAL LIABILITIES | $378M |
| Common Stock | $841.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$994M |
| Treasury Stock | -$201M |
| Accum. Other Comp. Income | $14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $718M |
| Minority Interest | $0 |
| TOTAL EQUITY | $718M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $196M |
| Net Debt | -$2M |
