| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $71M | $70M | $64M | 1.5% | 11.6% |
| Op. Income | $11M | $11M | $9M | -1.6% | 19.3% |
| Gross Margin | 72.8% | 72.6% | 73.1% | 0.2pp | -0.2pp |
| Net Margin | 11.1% | 11.3% | 10.5% | -0.2pp | 0.6pp |
| EPS (Diluted) | $0.10 | $0.10 | $0.09 | 0.0% | 11.1% |
| Free Cash Flow | $20M | $18M | $18M | 8.3% | 6.3% |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $52M |
| R&D Expenses | $12M |
| Selling & Marketing | $9M |
| General & Administrative | $8M |
| SG&A Expenses | $17M |
| Other Expenses | $10M |
| Operating Expenses | $40M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $450.0K |
| Other Income/Expenses | -$395.0K |
| 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 | -$106.4K |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $12M |
| EBIT | $11M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $52M |
| R&D Expenses | $12M |
| Selling & Marketing | $9M |
| General & Administrative | $8M |
| SG&A Expenses | $17M |
| Other Expenses | $10M |
| Operating Expenses | $40M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $450.0K |
| Other Income/Expenses | -$395.0K |
| 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 | -$106.4K |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $12M |
| EBIT | $11M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $974.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $410.0K |
| Change in Working Capital | -$362.0K |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $0 |
| Net Receivables | $36M |
| Inventory | $95.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $72M |
| PP&E (Net) | $13M |
| Goodwill | $378M |
| Intangible Assets | $176M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $581M |
| TOTAL ASSETS | $653M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $34M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $70M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $855.0K |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $49M |
| TOTAL LIABILITIES | $120M |
| Common Stock | $277M |
| Additional Paid-In Capital | $455M |
| Retained Earnings | -$173M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $534M |
| Minority Interest | $0 |
| TOTAL EQUITY | $534M |
| TOTAL LIABILITIES & EQUITY | $653M |
| Total Debt | $25M |
| Net Debt | -$2M |
