| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63M | $67M | $70M | -5.6% | -10.2% |
| Op. Income | $6M | $4M | $3M | 44.1% | 79.6% |
| Gross Margin | 38.5% | 33.7% | 29.1% | 4.8pp | 9.4pp |
| Net Margin | 13.8% | 3.2% | 2.9% | 10.5pp | 10.9pp |
| EPS (Diluted) | $0.16 | $0.04 | $0.04 | 300.0% | 300.0% |
| Free Cash Flow | $7M | -$10M | -$2M | 169.0% | 527.6% |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $24M |
| R&D Expenses | $8M |
| Selling & Marketing | $5M |
| General & Administrative | $5M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $978.0K |
| Other Income/Expenses | -$978.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $3M |
| EBIT | $6M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $24M |
| R&D Expenses | $8M |
| Selling & Marketing | $5M |
| General & Administrative | $5M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $978.0K |
| Other Income/Expenses | -$978.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $3M |
| EBIT | $6M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $238.0K |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $83.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$107.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $958.0K |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $0 |
| Net Receivables | $86M |
| Inventory | $27M |
| Other Current Assets | $77M |
| TOTAL CURRENT ASSETS | $249M |
| PP&E (Net) | $83M |
| Goodwill | $43M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $142M |
| TOTAL ASSETS | $391M |
| Account Payables | $21M |
| Short-Term Debt | $4M |
| Deferred Revenue | $32M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $142M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $158M |
| Common Stock | $3M |
| Additional Paid-In Capital | $924M |
| Retained Earnings | -$688M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $234M |
| Minority Interest | $0 |
| TOTAL EQUITY | $234M |
| TOTAL LIABILITIES & EQUITY | $391M |
| Total Debt | $13M |
| Net Debt | -$47M |
