| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $63M | $83M | 11.1% | -15.6% |
| Op. Income | $8M | $6M | $6M | 25.8% | 33.1% |
| Gross Margin | 37.3% | 38.5% | 30.5% | -1.2pp | 6.8pp |
| Net Margin | 7.6% | 13.8% | 4.1% | -6.2pp | 3.5pp |
| EPS (Diluted) | $0.09 | $0.16 | $0.06 | -43.8% | 50.0% |
| Free Cash Flow | $1M | $7M | -$21M | -83.0% | 105.3% |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $26M |
| R&D Expenses | $9M |
| Selling & Marketing | $5M |
| General & Administrative | $4M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $3M |
| EBIT | $4M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $26M |
| R&D Expenses | $9M |
| Selling & Marketing | $5M |
| General & Administrative | $4M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $3M |
| EBIT | $4M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $276.0K |
| Deferred Income Tax | $744.0K |
| Other Non-Cash Items | $667.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $4M |
| 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 | -$113.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $510.0K |
| NET CASH FROM FINANCING | $397.0K |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $881.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67M |
| Short-Term Investments | $0 |
| Net Receivables | $95M |
| Inventory | $21M |
| Other Current Assets | $56M |
| TOTAL CURRENT ASSETS | $246M |
| PP&E (Net) | $84M |
| Goodwill | $43M |
| Intangible Assets | $2M |
| Long-Term Investments | $14M |
| Tax Assets | $4M |
| Other Non-Current Assets | $146.0K |
| TOTAL NON-CURRENT ASSETS | $149M |
| TOTAL ASSETS | $395M |
| Account Payables | $25M |
| Short-Term Debt | $4M |
| Deferred Revenue | $29M |
| Other Current Liabilities | $69M |
| TOTAL CURRENT LIABILITIES | $140M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $580.0K |
| Other Non-Current Liabilities | $580.0K |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $156M |
| Common Stock | $3M |
| Additional Paid-In Capital | $925M |
| Retained Earnings | -$683M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $239M |
| Minority Interest | $0 |
| TOTAL EQUITY | $239M |
| TOTAL LIABILITIES & EQUITY | $395M |
| Total Debt | $13M |
| Net Debt | -$55M |
