| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $123M | $113M | $102M | 9.5% | 21.4% |
| Op. Income | $21M | $44M | $14M | -52.6% | 54.2% |
| Gross Margin | 26.9% | 34.7% | 26.0% | -7.8pp | 0.9pp |
| Net Margin | 30.2% | 35.9% | 12.6% | -5.7pp | 17.5pp |
| EPS (Diluted) | $0.13 | $0.14 | $0.04 | -8.3% | 203.0% |
| Free Cash Flow | $24M | $60M | $2M | -59.0% | 1100.2% |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $33M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $211.9K |
| Operating Expenses | $16M |
| Cost & Expenses | $106M |
| OPERATING INCOME | $21M |
| Interest Income | $560.9K |
| Interest Expense | $1M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | -$19M |
| EBIT | $19M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $33M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $211.9K |
| Operating Expenses | $16M |
| Cost & Expenses | $106M |
| OPERATING INCOME | $21M |
| Interest Income | $560.9K |
| Interest Expense | $1M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | -$19M |
| EBIT | $19M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$46.8K |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | -$43M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $128M |
| Short-Term Investments | $48M |
| Net Receivables | $71M |
| Inventory | $7M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $292M |
| PP&E (Net) | $106M |
| Goodwill | $259M |
| Intangible Assets | $144M |
| Long-Term Investments | $34M |
| Tax Assets | $51M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $611M |
| TOTAL ASSETS | $904M |
| Account Payables | $36M |
| Short-Term Debt | $64M |
| Deferred Revenue | $72M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $230M |
| Long-Term Debt | $64M |
| Deferred Revenue NC | $60M |
| Deferred Tax Liabilities | $25M |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $176M |
| TOTAL LIABILITIES | $406M |
| Common Stock | $175M |
| Additional Paid-In Capital | $917M |
| Retained Earnings | -$563M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $496M |
| Minority Interest | $1M |
| TOTAL EQUITY | $498M |
| TOTAL LIABILITIES & EQUITY | $904M |
| Total Debt | $134M |
| Net Debt | $6M |
