| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $29M | $22M | 4.1% | 37.1% |
| Op. Income | $8M | $8M | $8M | -0.4% | 3.9% |
| Gross Margin | 74.1% | 71.7% | 69.6% | 2.4pp | 4.4pp |
| Net Margin | 19.3% | 16.8% | 26.6% | 2.5pp | -7.3pp |
| EPS (Diluted) | $0.07 | $0.02 | $0.03 | 250.0% | 133.3% |
| Free Cash Flow | -$100M | $137M | $94M | -173.1% | -206.3% |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $22M |
| R&D Expenses | $7M |
| Selling & Marketing | $4M |
| General & Administrative | $4M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $8M |
| Interest Income | $14M |
| Interest Expense | $3M |
| Other Income/Expenses | -$118.4K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $0 |
| EBIT | $8M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $22M |
| R&D Expenses | $7M |
| Selling & Marketing | $4M |
| General & Administrative | $4M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $8M |
| Interest Income | $14M |
| Interest Expense | $3M |
| Other Income/Expenses | -$118.4K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $0 |
| EBIT | $8M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $479.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$106M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$100M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $132M |
| NET CASH FROM FINANCING | $132M |
| FREE CASH FLOW | -$100M |
| Net Change in Cash | $47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $2M |
| Net Receivables | $593M |
| Inventory | $0 |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $875.2K |
| Tax Assets | $0 |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $21M |
| TOTAL ASSETS | $2.2B |
| Account Payables | $1.7B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $174M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $174M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $8.9K |
| Additional Paid-In Capital | $321M |
| Retained Earnings | -$13M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$26.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $308M |
| Minority Interest | $0 |
| TOTAL EQUITY | $308M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $174M |
| Net Debt | $144M |
