| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $60M | $55M | 15.7% | 26.1% |
| Op. Income | $21M | $8M | $16M | 143.5% | 29.0% |
| Gross Margin | 61.3% | 49.8% | 58.9% | 11.5pp | 2.4pp |
| Net Margin | 32.3% | 9.8% | 25.3% | 22.5pp | 7.0pp |
| EPS (Diluted) | $0.36 | $0.09 | $0.23 | 300.0% | 56.5% |
| Free Cash Flow | $19M | $13M | $11M | 49.9% | 70.8% |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $43M |
| R&D Expenses | $8M |
| Selling & Marketing | $7M |
| General & Administrative | $8M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$1.0K |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $5M |
| EBIT | $21M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $43M |
| R&D Expenses | $8M |
| Selling & Marketing | $7M |
| General & Administrative | $8M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$1.0K |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $5M |
| EBIT | $21M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $102.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$180.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $229M |
| Short-Term Investments | $41M |
| Net Receivables | $23M |
| Inventory | $177.0K |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $304M |
| PP&E (Net) | $9M |
| Goodwill | $5M |
| Intangible Assets | $82M |
| Long-Term Investments | $600.0K |
| Tax Assets | $616.0K |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $114M |
| TOTAL ASSETS | $418M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $21M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $276M |
| Retained Earnings | $121M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $397M |
| Minority Interest | $0 |
| TOTAL EQUITY | $397M |
| TOTAL LIABILITIES & EQUITY | $418M |
| Total Debt | $0 |
| Net Debt | -$229M |
