| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $132M | $141M | $118M | -6.2% | 11.8% |
| Op. Income | $8M | $12M | $4M | -35.5% | 109.5% |
| Gross Margin | 39.7% | 39.8% | 38.2% | -0.0pp | 1.6pp |
| Net Margin | 4.1% | 60.4% | 1.8% | -56.3pp | 2.4pp |
| EPS (Diluted) | $0.07 | $1.13 | $0.03 | -93.8% | 133.3% |
| Free Cash Flow | $15M | $15M | $5M | -2.7% | 166.1% |
| Item | Amount |
|---|---|
| REVENUE | $132M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $53M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $125M |
| OPERATING INCOME | $8M |
| Interest Income | $580.0K |
| Interest Expense | $595.0K |
| Other Income/Expenses | -$99.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $11M |
| EBIT | $8M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $132M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $53M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $125M |
| OPERATING INCOME | $8M |
| Interest Income | $580.0K |
| Interest Expense | $595.0K |
| Other Income/Expenses | -$99.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $11M |
| EBIT | $8M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $28.0K |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$302.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $106M |
| Short-Term Investments | $54M |
| Net Receivables | $83M |
| Inventory | $83M |
| Other Current Assets | $824.0K |
| TOTAL CURRENT ASSETS | $338M |
| PP&E (Net) | $89M |
| Goodwill | $189M |
| Intangible Assets | $60M |
| Long-Term Investments | $0 |
| Tax Assets | $77M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $418M |
| TOTAL ASSETS | $757M |
| Account Payables | $32M |
| Short-Term Debt | $40M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $101M |
| Long-Term Debt | $24M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $63M |
| TOTAL LIABILITIES | $164M |
| Common Stock | $74.0K |
| Additional Paid-In Capital | $872M |
| Retained Earnings | -$278M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$599.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $593M |
| Minority Interest | $0 |
| TOTAL EQUITY | $593M |
| TOTAL LIABILITIES & EQUITY | $757M |
| Total Debt | $102M |
| Net Debt | -$4M |
