| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | $57M | $47M | 6.4% | 29.1% |
| Op. Income | $8M | $14M | $6M | -37.8% | 36.5% |
| Gross Margin | 49.8% | 57.4% | 49.4% | -7.5pp | 0.4pp |
| Net Margin | 9.8% | 18.5% | 8.7% | -8.7pp | 1.1pp |
| EPS (Diluted) | $0.09 | $0.17 | $0.07 | -47.1% | 28.6% |
| Free Cash Flow | $13M | $9M | $11M | 38.3% | 14.1% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $30M |
| R&D Expenses | $7M |
| Selling & Marketing | $7M |
| General & Administrative | $7M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $823.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $5M |
| EBIT | $7M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $30M |
| R&D Expenses | $7M |
| Selling & Marketing | $7M |
| General & Administrative | $7M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $823.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $5M |
| EBIT | $7M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$787.0K |
| Other Non-Cash Items | $123.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$140.0K |
| Sales/Maturities of Investments | -$12M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $199M |
| Short-Term Investments | $41M |
| Net Receivables | $22M |
| Inventory | $215.0K |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $265M |
| PP&E (Net) | $8M |
| Goodwill | $5M |
| Intangible Assets | $84M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $104M |
| TOTAL ASSETS | $369M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $261M |
| Retained Earnings | $85M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$269.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $346M |
| Minority Interest | $0 |
| TOTAL EQUITY | $346M |
| TOTAL LIABILITIES & EQUITY | $369M |
| Total Debt | $0 |
| Net Debt | -$199M |
