| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42M | $40M | $33M | 3.1% | 25.6% |
| Op. Income | $532.0K | $748.0K | $468.0K | -28.9% | 13.7% |
| Gross Margin | 88.9% | 85.9% | 85.5% | 3.0pp | 3.4pp |
| Net Margin | 2.4% | 3.3% | 0.4% | -0.9pp | 2.0pp |
| EPS (Diluted) | $0.03 | $0.04 | $0.00 | -25.0% | 733.3% |
| Free Cash Flow | $10M | $5M | $1M | 117.4% | 710.8% |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $37M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $532.0K |
| Interest Income | $437.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $437.0K |
| INCOME BEFORE TAX | $969.0K |
| Income Tax Expense | -$37.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $2M |
| EBIT | $966.0K |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $37M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $532.0K |
| Interest Income | $437.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $437.0K |
| INCOME BEFORE TAX | $969.0K |
| Income Tax Expense | -$37.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $2M |
| EBIT | $966.0K |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$235.0K |
| Other Non-Cash Items | $343.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $433.0K |
| NET CASH FROM FINANCING | $433.0K |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $95M |
| Net Receivables | $17M |
| Inventory | $11M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $149M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $235.0K |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $166M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $95.0K |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $846.0K |
| TOTAL NON-CURRENT LIABILITIES | $846.0K |
| TOTAL LIABILITIES | $28M |
| Common Stock | $35.0K |
| Additional Paid-In Capital | $331M |
| Retained Earnings | -$192M |
| Treasury Stock | -$132.0K |
| Accum. Other Comp. Income | -$591.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $138M |
| Minority Interest | $0 |
| TOTAL EQUITY | $138M |
| TOTAL LIABILITIES & EQUITY | $166M |
| Total Debt | $0 |
| Net Debt | -$25M |
