| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $179M | $141M | $141M | 27.0% | 26.8% |
| Op. Income | $24M | $9M | $12M | 154.1% | 101.1% |
| Gross Margin | 41.6% | 39.3% | 39.8% | 2.3pp | 1.8pp |
| Net Margin | 10.4% | 5.9% | 60.4% | 4.5pp | -50.0pp |
| EPS (Diluted) | $0.24 | $0.11 | $1.13 | 118.2% | -78.8% |
| Free Cash Flow | $31M | $25M | $15M | 23.7% | 106.8% |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $104M |
| GROSS PROFIT | $74M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $155M |
| OPERATING INCOME | $24M |
| Interest Income | $726.0K |
| Interest Expense | $376.0K |
| Other Income/Expenses | $729.0K |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $8M |
| EBIT | $25M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $104M |
| GROSS PROFIT | $74M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $155M |
| OPERATING INCOME | $24M |
| Interest Income | $726.0K |
| Interest Expense | $376.0K |
| Other Income/Expenses | $729.0K |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $8M |
| EBIT | $25M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$21M |
| Purchases of Investments | $785.0K |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$127.0K |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $145M |
| Short-Term Investments | $76M |
| Net Receivables | $98M |
| Inventory | $83M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $419M |
| PP&E (Net) | $90M |
| Goodwill | $199M |
| Intangible Assets | $58M |
| Long-Term Investments | $0 |
| Tax Assets | $71M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $421M |
| TOTAL ASSETS | $840M |
| Account Payables | $41M |
| Short-Term Debt | $43M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $137M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $62M |
| TOTAL LIABILITIES | $199M |
| Common Stock | $76.0K |
| Additional Paid-In Capital | $886M |
| Retained Earnings | -$244M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$659.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $641M |
| Minority Interest | $0 |
| TOTAL EQUITY | $641M |
| TOTAL LIABILITIES & EQUITY | $840M |
| Total Debt | $94M |
| Net Debt | -$50M |
