| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $322M | $162M | $229M | 98.2% | 40.7% |
| Op. Income | $34M | $6M | $26M | 484.8% | 30.8% |
| Gross Margin | 40.9% | 40.3% | 38.0% | 0.6pp | 2.8pp |
| Net Margin | 8.5% | 2.7% | 9.4% | 5.9pp | -0.8pp |
| EPS (Diluted) | $0.46 | $0.07 | $0.36 | 523.5% | 27.7% |
| Free Cash Flow | $0 | — | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $322M |
| Cost of Revenue | $190M |
| GROSS PROFIT | $131M |
| R&D Expenses | -$39M |
| Selling & Marketing | $79M |
| General & Administrative | $6M |
| SG&A Expenses | $86M |
| Other Expenses | $12M |
| Operating Expenses | $98M |
| Cost & Expenses | $288M |
| OPERATING INCOME | $34M |
| Interest Income | $206.7K |
| Interest Expense | $715.2K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $206.7K |
| EBIT | $33M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $322M |
| Cost of Revenue | $190M |
| GROSS PROFIT | $131M |
| R&D Expenses | -$39M |
| Selling & Marketing | $79M |
| General & Administrative | $6M |
| SG&A Expenses | $86M |
| Other Expenses | $12M |
| Operating Expenses | $98M |
| Cost & Expenses | $288M |
| OPERATING INCOME | $34M |
| Interest Income | $206.7K |
| Interest Expense | $715.2K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $206.7K |
| EBIT | $33M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$30M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $75M |
| Short-Term Investments | $8M |
| Net Receivables | $236M |
| Inventory | $119M |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $476M |
| PP&E (Net) | $59M |
| Goodwill | $2M |
| Intangible Assets | $19M |
| Long-Term Investments | $15M |
| Tax Assets | $6M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $112M |
| TOTAL ASSETS | $587M |
| Account Payables | $130M |
| Short-Term Debt | $68M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $256M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $485.4K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $266M |
| Common Stock | $15.5K |
| Additional Paid-In Capital | $278M |
| Retained Earnings | $36M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $318M |
| Minority Interest | $3M |
| TOTAL EQUITY | $321M |
| TOTAL LIABILITIES & EQUITY | $587M |
| Total Debt | $78M |
| Net Debt | $3M |
