| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $84M | $83M | $71M | 1.4% | 18.6% |
| Op. Income | $14M | $14M | $11M | -0.5% | 27.4% |
| Gross Margin | 73.2% | 73.3% | 72.8% | -0.2pp | 0.3pp |
| Net Margin | 13.6% | 11.6% | 11.1% | 1.9pp | 2.5pp |
| EPS (Diluted) | $0.14 | $0.11 | $0.10 | 27.3% | 40.0% |
| Free Cash Flow | $25M | $26M | $20M | -2.7% | 29.3% |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $62M |
| R&D Expenses | $14M |
| Selling & Marketing | $10M |
| General & Administrative | $10M |
| SG&A Expenses | $20M |
| Other Expenses | $14M |
| Operating Expenses | $48M |
| Cost & Expenses | $70M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $316.0K |
| Other Income/Expenses | -$274.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $52.8K |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $15M |
| EBIT | $14M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $62M |
| R&D Expenses | $14M |
| Selling & Marketing | $10M |
| General & Administrative | $10M |
| SG&A Expenses | $20M |
| Other Expenses | $14M |
| Operating Expenses | $48M |
| Cost & Expenses | $70M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $316.0K |
| Other Income/Expenses | -$274.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $52.8K |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $15M |
| EBIT | $14M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $326.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $26M |
| 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 | -$9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$300.0K |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $0 |
| Net Receivables | $42M |
| Inventory | $411.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $100M |
| PP&E (Net) | $27M |
| Goodwill | $524M |
| Intangible Assets | $257M |
| Long-Term Investments | $0 |
| Tax Assets | $22M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $842M |
| TOTAL ASSETS | $943M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $41M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $89M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $920.0K |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $32M |
| TOTAL LIABILITIES | $121M |
| Common Stock | $524M |
| Additional Paid-In Capital | $459M |
| Retained Earnings | -$136M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $822M |
| Minority Interest | $0 |
| TOTAL EQUITY | $822M |
| TOTAL LIABILITIES & EQUITY | $943M |
| Total Debt | $13M |
| Net Debt | -$31M |
