| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $64M | $62M | $53M | 2.6% | 20.5% |
| Op. Income | $9M | $8M | $8M | 6.6% | 10.1% |
| Gross Margin | 73.1% | 72.8% | 72.3% | 0.2pp | 0.8pp |
| Net Margin | 10.5% | 10.0% | 11.5% | 0.5pp | -1.1pp |
| EPS (Diluted) | $0.09 | $0.08 | $0.08 | 12.5% | 12.1% |
| Free Cash Flow | $18M | $17M | $19M | 10.2% | -1.1% |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $46M |
| R&D Expenses | $11M |
| Selling & Marketing | $9M |
| General & Administrative | $7M |
| SG&A Expenses | $16M |
| Other Expenses | $9M |
| Operating Expenses | $37M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $436.0K |
| Other Income/Expenses | -$386.0K |
| 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 | -$208.1K |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $10M |
| EBIT | $9M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $46M |
| R&D Expenses | $11M |
| Selling & Marketing | $9M |
| General & Administrative | $7M |
| SG&A Expenses | $16M |
| Other Expenses | $9M |
| Operating Expenses | $37M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $436.0K |
| Other Income/Expenses | -$386.0K |
| 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 | -$208.1K |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $10M |
| EBIT | $9M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $772.0K |
| Deferred Income Tax | -$56.0K |
| Other Non-Cash Items | -$68.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$18M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $32M |
| Inventory | $123.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $75M |
| PP&E (Net) | $13M |
| Goodwill | $350M |
| Intangible Assets | $178M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $550M |
| TOTAL ASSETS | $625M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $31M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $68M |
| Long-Term Debt | $37M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $58M |
| TOTAL LIABILITIES | $126M |
| Common Stock | $275M |
| Additional Paid-In Capital | $451M |
| Retained Earnings | -$212M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $499M |
| Minority Interest | $0 |
| TOTAL EQUITY | $499M |
| TOTAL LIABILITIES & EQUITY | $625M |
| Total Debt | $37M |
| Net Debt | $2M |
