| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $86M | $87M | $87M | -0.9% | -1.1% |
| Op. Income | $7M | $8M | $8M | -17.6% | -13.6% |
| Gross Margin | 34.4% | 35.0% | 33.6% | -0.6pp | 0.8pp |
| Net Margin | 13.5% | 7.1% | 8.3% | 6.4pp | 5.2pp |
| EPS (Diluted) | $0.14 | $0.08 | $0.09 | 75.0% | 55.6% |
| Free Cash Flow | -$8M | $12M | $14M | -166.9% | -155.5% |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $30M |
| R&D Expenses | $7M |
| Selling & Marketing | $12M |
| General & Administrative | $5M |
| SG&A Expenses | $17M |
| Other Expenses | -$470.0K |
| Operating Expenses | $23M |
| Cost & Expenses | $79M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $872.0K |
| Other Income/Expenses | -$872.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $2M |
| EBIT | $5M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $30M |
| R&D Expenses | $7M |
| Selling & Marketing | $12M |
| General & Administrative | $5M |
| SG&A Expenses | $17M |
| Other Expenses | -$470.0K |
| Operating Expenses | $23M |
| Cost & Expenses | $79M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $872.0K |
| Other Income/Expenses | -$872.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $2M |
| EBIT | $5M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $498.0K |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $48.0K |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $515.0K |
| Net Receivables | $132M |
| Inventory | $54M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $225M |
| PP&E (Net) | $34M |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $504.0K |
| Tax Assets | $7M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $58M |
| TOTAL ASSETS | $283M |
| Account Payables | $79M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $110M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $28.0K |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $123M |
| Common Stock | $214.0K |
| Additional Paid-In Capital | $415M |
| Retained Earnings | -$227M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $160M |
| Minority Interest | $0 |
| TOTAL EQUITY | $160M |
| TOTAL LIABILITIES & EQUITY | $283M |
| Total Debt | $0 |
| Net Debt | -$36M |
