| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $67M | $62M | 4.3% | 12.9% |
| Op. Income | $11M | $10M | $8M | 6.1% | 29.3% |
| Gross Margin | 72.6% | 73.2% | 72.8% | -0.6pp | -0.2pp |
| Net Margin | 11.3% | 12.7% | 10.0% | -1.4pp | 1.3pp |
| EPS (Diluted) | $0.10 | $0.11 | $0.08 | -9.1% | 25.0% |
| Free Cash Flow | $18M | $17M | $17M | 4.8% | 8.1% |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $51M |
| R&D Expenses | $12M |
| Selling & Marketing | $9M |
| General & Administrative | $8M |
| SG&A Expenses | $17M |
| Other Expenses | $10M |
| Operating Expenses | $39M |
| Cost & Expenses | $59M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $613.0K |
| Other Income/Expenses | -$573.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $11M |
| EBIT | $11M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $51M |
| R&D Expenses | $12M |
| Selling & Marketing | $9M |
| General & Administrative | $8M |
| SG&A Expenses | $17M |
| Other Expenses | $10M |
| Operating Expenses | $39M |
| Cost & Expenses | $59M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $613.0K |
| Other Income/Expenses | -$573.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $11M |
| EBIT | $11M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $667.0K |
| Other Non-Cash Items | -$269.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | -$27.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $35M |
| Inventory | $101.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $75M |
| PP&E (Net) | $13M |
| Goodwill | $377M |
| Intangible Assets | $186M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $590M |
| TOTAL ASSETS | $665M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $28M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $68M |
| Long-Term Debt | $51M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $74M |
| TOTAL LIABILITIES | $142M |
| Common Stock | $277M |
| Additional Paid-In Capital | $454M |
| Retained Earnings | -$181M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $523M |
| Minority Interest | $0 |
| TOTAL EQUITY | $523M |
| TOTAL LIABILITIES & EQUITY | $665M |
| Total Debt | $51M |
| Net Debt | $18M |
