| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $29M | $17M | 0.7% | 70.4% |
| Op. Income | $8M | $6M | $5M | 31.8% | 54.0% |
| Gross Margin | 71.7% | 67.8% | 69.9% | 3.9pp | 1.8pp |
| Net Margin | 16.8% | 13.4% | 22.4% | 3.4pp | -5.6pp |
| EPS (Diluted) | $0.02 | $0.01 | $0.03 | 90.5% | -33.3% |
| Free Cash Flow | $136M | $417M | $43M | -67.2% | 220.0% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $21M |
| R&D Expenses | $6M |
| Selling & Marketing | $3M |
| General & Administrative | $4M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $8M |
| Interest Income | $13M |
| Interest Expense | $3M |
| Other Income/Expenses | -$248.5K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $352.1K |
| EBIT | $8M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $21M |
| R&D Expenses | $6M |
| Selling & Marketing | $3M |
| General & Administrative | $4M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $8M |
| Interest Income | $13M |
| Interest Expense | $3M |
| Other Income/Expenses | -$248.5K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $352.1K |
| EBIT | $8M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $352.1K |
| Stock-Based Compensation | $408.1K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$5.6K |
| Change in Working Capital | $133M |
| OPERATING CASH FLOW | $137M |
| Capital Expenditure | -$648.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$42M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $136M |
| Net Change in Cash | $91M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $8M |
| Net Receivables | $492M |
| Inventory | $0 |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $180.1K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $1.7B |
| Short-Term Debt | $150M |
| Deferred Revenue | $609.3K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $51M |
| Deferred Revenue NC | $609.3K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $160M |
| TOTAL NON-CURRENT LIABILITIES | $211M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $7.8K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$19M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$165.8K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $140M |
| Minority Interest | $0 |
| TOTAL EQUITY | $140M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $201M |
| Net Debt | $174M |
