| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $32M | $26M | 2.8% | 28.4% |
| Op. Income | $6M | $6M | $4M | 11.7% | 68.4% |
| Gross Margin | 50.4% | 50.2% | 47.7% | 0.2pp | 2.7pp |
| Net Margin | 17.4% | 15.8% | 11.1% | 1.6pp | 6.3pp |
| EPS (Diluted) | $0.16 | $0.14 | $0.08 | 14.3% | 100.0% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $17M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $6M |
| Interest Income | $237.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $237.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $666.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | -$471.0K |
| EBIT | $7M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $17M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $6M |
| Interest Income | $237.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $237.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $666.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | -$471.0K |
| EBIT | $7M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $653.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| 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 | $55M |
| Short-Term Investments | $0 |
| Net Receivables | $33M |
| Inventory | $30M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $119M |
| PP&E (Net) | $17M |
| Goodwill | $0 |
| Intangible Assets | $476.0K |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $22M |
| TOTAL ASSETS | $142M |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $898.0K |
| TOTAL LIABILITIES | $40M |
| Common Stock | $151.0K |
| Additional Paid-In Capital | $82M |
| Retained Earnings | $21M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $101M |
| Minority Interest | $0 |
| TOTAL EQUITY | $101M |
| TOTAL LIABILITIES & EQUITY | $142M |
| Total Debt | $0 |
| Net Debt | -$55M |
