| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $135M | $136M | $144M | -0.4% | -6.1% |
| Op. Income | $9M | $11M | $14M | -17.2% | -34.3% |
| Gross Margin | 39.2% | 41.5% | 40.1% | -2.2pp | -0.9pp |
| Net Margin | 5.7% | 6.7% | 8.7% | -1.0pp | -3.0pp |
| EPS (Diluted) | $0.10 | $0.12 | $0.17 | -16.7% | -41.2% |
| Free Cash Flow | $12M | $16M | $11M | -23.2% | 7.6% |
| Item | Amount |
|---|---|
| REVENUE | $135M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $53M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $126M |
| OPERATING INCOME | $9M |
| Interest Income | $369.0K |
| Interest Expense | $777.0K |
| Other Income/Expenses | -$287.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $11M |
| EBIT | $10M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $135M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $53M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $126M |
| OPERATING INCOME | $9M |
| Interest Income | $369.0K |
| Interest Expense | $777.0K |
| Other Income/Expenses | -$287.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $11M |
| EBIT | $10M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $98.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $26.0K |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $23.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $92M |
| Short-Term Investments | $50M |
| Net Receivables | $90M |
| Inventory | $82M |
| Other Current Assets | $129.0K |
| TOTAL CURRENT ASSETS | $330M |
| PP&E (Net) | $53M |
| Goodwill | $189M |
| Intangible Assets | $75M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $323M |
| TOTAL ASSETS | $652M |
| Account Payables | $50M |
| Short-Term Debt | $26M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $105M |
| Long-Term Debt | $46M |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $162M |
| Common Stock | $858M |
| Additional Paid-In Capital | $858M |
| Retained Earnings | -$369M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $490M |
| Minority Interest | $0 |
| TOTAL EQUITY | $490M |
| TOTAL LIABILITIES & EQUITY | $652M |
| Total Debt | $72M |
| Net Debt | -$20M |
