| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $87M | $88M | $76M | -2.0% | 13.9% |
| Op. Income | $8M | $6M | $6M | 24.0% | 38.8% |
| Gross Margin | 35.0% | 32.5% | 35.1% | 2.5pp | -0.1pp |
| Net Margin | 7.1% | 3.7% | 4.6% | 3.5pp | 2.5pp |
| EPS (Diluted) | $0.08 | $0.04 | $0.04 | 100.0% | 100.0% |
| Free Cash Flow | $12M | $3M | -$13M | 259.4% | 187.1% |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $30M |
| R&D Expenses | $7M |
| Selling & Marketing | $11M |
| General & Administrative | $4M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $79M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $797.0K |
| Other Income/Expenses | -$797.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $952.0K |
| 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 | $2M |
| EBIT | $8M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $30M |
| R&D Expenses | $7M |
| Selling & Marketing | $11M |
| General & Administrative | $4M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $79M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $797.0K |
| Other Income/Expenses | -$797.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $952.0K |
| 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 | $2M |
| EBIT | $8M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $450.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $189.0K |
| NET CASH FROM FINANCING | $189.0K |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41M |
| Short-Term Investments | $0 |
| Net Receivables | $125M |
| Inventory | $47M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $213M |
| PP&E (Net) | $31M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $997.0K |
| Tax Assets | $564.0K |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $46M |
| TOTAL ASSETS | $259M |
| Account Payables | $66M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $100M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $65.0K |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $113M |
| Common Stock | $214.0K |
| Additional Paid-In Capital | $413M |
| Retained Earnings | -$238M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $146M |
| Minority Interest | $0 |
| TOTAL EQUITY | $146M |
| TOTAL LIABILITIES & EQUITY | $259M |
| Total Debt | $0 |
| Net Debt | -$41M |
