| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $179M | $149M | $140M | 20.2% | 28.0% |
| Op. Income | $18M | $8M | -$480.0K | 130.4% | 3887.9% |
| Gross Margin | 56.8% | 54.5% | 52.1% | 2.3pp | 4.7pp |
| Net Margin | 6.8% | -3.8% | -1.7% | 10.6pp | 8.5pp |
| EPS (Diluted) | $0.11 | $-0.05 | $-0.02 | 314.4% | 593.3% |
| Free Cash Flow | $13M | $22M | $9M | -40.8% | 42.7% |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $101M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $0 |
| Operating Expenses | $83M |
| Cost & Expenses | $161M |
| OPERATING INCOME | $18M |
| Interest Income | $315.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $5M |
| EBIT | $15M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $101M |
| R&D Expenses | $27M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $57M |
| Other Expenses | $0 |
| Operating Expenses | $83M |
| Cost & Expenses | $161M |
| OPERATING INCOME | $18M |
| Interest Income | $315.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $5M |
| EBIT | $15M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $314.0K |
| Other Non-Cash Items | -$177.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $10M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $380.0K |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $130M |
| Short-Term Investments | $0 |
| Net Receivables | $121M |
| Inventory | $46M |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $325M |
| PP&E (Net) | $30M |
| Goodwill | $80M |
| Intangible Assets | $25M |
| Long-Term Investments | -$7M |
| Tax Assets | $7M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $158M |
| TOTAL ASSETS | $483M |
| Account Payables | $32M |
| Short-Term Debt | $12M |
| Deferred Revenue | $123M |
| Other Current Liabilities | $90M |
| TOTAL CURRENT LIABILITIES | $256M |
| Long-Term Debt | $80M |
| Deferred Revenue NC | $25M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $121M |
| TOTAL LIABILITIES | $377M |
| Common Stock | $111.0K |
| Additional Paid-In Capital | $909M |
| Retained Earnings | -$800M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $107M |
| Minority Interest | $0 |
| TOTAL EQUITY | $107M |
| TOTAL LIABILITIES & EQUITY | $483M |
| Total Debt | $93M |
| Net Debt | -$38M |
