| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $83M | $79M | $58M | 4.9% | 42.8% |
| Op. Income | $9M | $8M | $9M | 9.5% | 1.1% |
| Gross Margin | 34.8% | 33.4% | 32.3% | 1.4pp | 2.5pp |
| Net Margin | 8.0% | 7.2% | 9.9% | 0.8pp | -2.0pp |
| EPS (Diluted) | $0.13 | $0.11 | $0.13 | 16.1% | 3.6% |
| Free Cash Flow | $16M | $9M | $11M | 68.0% | 47.6% |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $74M |
| OPERATING INCOME | $9M |
| Interest Income | $333.5K |
| Interest Expense | $0 |
| Other Income/Expenses | $333.5K |
| INCOME BEFORE TAX | $9M |
| 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 | $9M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $74M |
| OPERATING INCOME | $9M |
| Interest Income | $333.5K |
| Interest Expense | $0 |
| Other Income/Expenses | $333.5K |
| INCOME BEFORE TAX | $9M |
| 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 | $9M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $646.7K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $230.9K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$216.0K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $35M |
| Inventory | $21.6K |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $92M |
| PP&E (Net) | $12M |
| Goodwill | $55M |
| Intangible Assets | $42M |
| Long-Term Investments | -$3M |
| Tax Assets | $3M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $112M |
| TOTAL ASSETS | $204M |
| Account Payables | $6M |
| Short-Term Debt | $27M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $96M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $110M |
| Common Stock | $1M |
| Additional Paid-In Capital | $4M |
| Retained Earnings | $80M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | $12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $94M |
| Minority Interest | $0 |
| TOTAL EQUITY | $94M |
| TOTAL LIABILITIES & EQUITY | $204M |
| Total Debt | $27M |
| Net Debt | $6M |
