| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $78M | $71M | $67M | 9.8% | 16.4% |
| Op. Income | $12M | $11M | $10M | 12.3% | 22.8% |
| Gross Margin | 74.5% | 72.8% | 72.3% | 1.7pp | 2.3pp |
| Net Margin | 9.4% | 11.1% | 10.4% | -1.7pp | -1.0pp |
| EPS (Diluted) | $0.09 | $0.10 | $0.09 | -10.0% | 0.0% |
| Free Cash Flow | $22M | $20M | $18M | 12.5% | 23.2% |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $58M |
| R&D Expenses | $13M |
| Selling & Marketing | $10M |
| General & Administrative | $8M |
| SG&A Expenses | $19M |
| Other Expenses | $13M |
| Operating Expenses | $44M |
| Cost & Expenses | $66M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| 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 | $15M |
| EBIT | $12M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $58M |
| R&D Expenses | $13M |
| Selling & Marketing | $10M |
| General & Administrative | $8M |
| SG&A Expenses | $19M |
| Other Expenses | $13M |
| Operating Expenses | $44M |
| Cost & Expenses | $66M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| 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 | $15M |
| EBIT | $12M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $939.0K |
| Deferred Income Tax | $826.0K |
| Other Non-Cash Items | -$171.0K |
| Change in Working Capital | $852.0K |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$240M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$241M |
| Net Debt Issuance | $221M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $221M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $0 |
| Net Receivables | $39M |
| Inventory | $99.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $81M |
| PP&E (Net) | $23M |
| Goodwill | $498M |
| Intangible Assets | $267M |
| Long-Term Investments | $0 |
| Tax Assets | $24M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $823M |
| TOTAL ASSETS | $904M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $42M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $86M |
| Long-Term Debt | $243M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $268M |
| TOTAL LIABILITIES | $355M |
| Common Stock | $287M |
| Additional Paid-In Capital | $455M |
| Retained Earnings | -$165M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $549M |
| Minority Interest | $0 |
| TOTAL EQUITY | $549M |
| TOTAL LIABILITIES & EQUITY | $904M |
| Total Debt | $253M |
| Net Debt | $224M |
