| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $84M | $94M | — | -10.2% | — |
| Op. Income | $8M | $10M | — | -26.6% | — |
| Gross Margin | 44.1% | 40.1% | — | 4.1pp | — |
| Net Margin | 8.2% | 9.3% | — | -1.1pp | — |
| EPS (Diluted) | $0.23 | $0.30 | — | -23.3% | — |
| Free Cash Flow | $15M | $24M | — | -38.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $37M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $6M |
| Operating Expenses | $29M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $200.0K |
| Other Income/Expenses | $200.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $2M |
| EBIT | $10M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $37M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $6M |
| Operating Expenses | $29M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $200.0K |
| Other Income/Expenses | $200.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $2M |
| EBIT | $10M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $12M |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$351.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $134M |
| Short-Term Investments | $21M |
| Net Receivables | $71M |
| Inventory | $62M |
| Other Current Assets | $275.0K |
| TOTAL CURRENT ASSETS | $297M |
| PP&E (Net) | $34M |
| Goodwill | $66M |
| Intangible Assets | $17M |
| Long-Term Investments | $1M |
| Tax Assets | -$1M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $123M |
| TOTAL ASSETS | $420M |
| Account Payables | $38M |
| Short-Term Debt | $4M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $85M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $10M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $46M |
| TOTAL LIABILITIES | $131M |
| Common Stock | $28M |
| Additional Paid-In Capital | $128M |
| Retained Earnings | $151M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $289M |
| Minority Interest | $0 |
| TOTAL EQUITY | $289M |
| TOTAL LIABILITIES & EQUITY | $420M |
| Total Debt | $9M |
| Net Debt | -$125M |
