| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | $44M | $42M | 23.2% | 29.8% |
| Op. Income | $2M | -$7M | $532.0K | 127.3% | 256.6% |
| Gross Margin | 86.8% | 86.3% | 88.9% | 0.5pp | -2.0pp |
| Net Margin | 3.3% | -15.1% | 2.4% | 18.4pp | 0.9pp |
| EPS (Diluted) | $0.04 | $-0.19 | $0.03 | 121.1% | 33.3% |
| Free Cash Flow | $10M | $4M | $10M | 162.6% | -4.7% |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $47M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $2M |
| Interest Income | $690.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $412.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $530.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $47M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $2M |
| Interest Income | $690.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $412.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $530.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $89.0K |
| Other Non-Cash Items | $428.0K |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$262.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $111M |
| Net Receivables | $19M |
| Inventory | $13M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $177M |
| PP&E (Net) | $19M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $213.0K |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $30M |
| TOTAL ASSETS | $207M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $115.0K |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $33M |
| Common Stock | $36.0K |
| Additional Paid-In Capital | $378M |
| Retained Earnings | -$205M |
| Treasury Stock | -$132.0K |
| Accum. Other Comp. Income | $738.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $174M |
| Minority Interest | $0 |
| TOTAL EQUITY | $174M |
| TOTAL LIABILITIES & EQUITY | $207M |
| Total Debt | $0 |
| Net Debt | -$30M |
