| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $115M | $112M | $129M | 2.7% | -11.0% |
| Op. Income | $676.0K | -$3M | -$17M | 123.1% | 103.9% |
| Gross Margin | 46.1% | 45.5% | 34.6% | 0.5pp | 11.4pp |
| Net Margin | 0.7% | -2.5% | -13.9% | 3.2pp | 14.6pp |
| EPS (Diluted) | $0.02 | $-0.05 | $-0.35 | 137.5% | 105.7% |
| Free Cash Flow | $5M | $2M | -$9M | 156.3% | 157.1% |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $53M |
| R&D Expenses | $21M |
| Selling & Marketing | $21M |
| General & Administrative | $10M |
| SG&A Expenses | $31M |
| Other Expenses | -$157.0K |
| Operating Expenses | $52M |
| Cost & Expenses | $114M |
| OPERATING INCOME | $676.0K |
| Interest Income | $0 |
| Interest Expense | $142.0K |
| Other Income/Expenses | $218.0K |
| INCOME BEFORE TAX | $894.0K |
| Income Tax Expense | $85.0K |
| Net Income from Continuing Ops | $809.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $809.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $809.0K |
| D&A | $2M |
| EBIT | $519.0K |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $53M |
| R&D Expenses | $21M |
| Selling & Marketing | $21M |
| General & Administrative | $10M |
| SG&A Expenses | $31M |
| Other Expenses | -$157.0K |
| Operating Expenses | $52M |
| Cost & Expenses | $114M |
| OPERATING INCOME | $676.0K |
| Interest Income | $0 |
| Interest Expense | $142.0K |
| Other Income/Expenses | $218.0K |
| INCOME BEFORE TAX | $894.0K |
| Income Tax Expense | $85.0K |
| Net Income from Continuing Ops | $809.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $809.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $809.0K |
| D&A | $2M |
| EBIT | $519.0K |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $809.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $64.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$48.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$161.0K |
| NET CASH FROM FINANCING | -$163.0K |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $53M |
| Short-Term Investments | $0 |
| Net Receivables | $68M |
| Inventory | $30M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $162M |
| PP&E (Net) | $21M |
| Goodwill | $116M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $139M |
| TOTAL ASSETS | $301M |
| Account Payables | $33M |
| Short-Term Debt | $30M |
| Deferred Revenue | $17M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $137M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $157M |
| Common Stock | $1M |
| Additional Paid-In Capital | $863M |
| Retained Earnings | -$679M |
| Treasury Stock | -$40M |
| Accum. Other Comp. Income | -$740.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $144M |
| Minority Interest | $0 |
| TOTAL EQUITY | $144M |
| TOTAL LIABILITIES & EQUITY | $301M |
| Total Debt | $30M |
| Net Debt | -$23M |
