| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $76M | $70M | $60M | 7.5% | 25.4% |
| Op. Income | $17M | $19M | $8M | -12.7% | 96.6% |
| Gross Margin | 56.7% | 62.9% | 49.8% | -6.2pp | 6.9pp |
| Net Margin | 17.3% | 22.3% | 9.8% | -4.9pp | 7.5pp |
| EPS (Diluted) | $0.21 | $0.25 | $0.09 | -16.0% | 133.3% |
| Free Cash Flow | $30M | $25M | $13M | 20.7% | 127.7% |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $43M |
| R&D Expenses | $10M |
| Selling & Marketing | $8M |
| General & Administrative | $8M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $59M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$221.0K |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $5M |
| EBIT | $17M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $43M |
| R&D Expenses | $10M |
| Selling & Marketing | $8M |
| General & Administrative | $8M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $59M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$221.0K |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $5M |
| EBIT | $17M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $14.0K |
| Other Non-Cash Items | $329.0K |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$154.0K |
| Sales/Maturities of Investments | $41M |
| Other Investing Activities | $41M |
| NET CASH FROM INVESTING | $38M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | $72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $361M |
| Short-Term Investments | $0 |
| Net Receivables | $26M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $395M |
| PP&E (Net) | $8M |
| Goodwill | $5M |
| Intangible Assets | $80M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $115M |
| TOTAL ASSETS | $510M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $916.0K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $33M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $305M |
| Retained Earnings | $172M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $477M |
| Minority Interest | $0 |
| TOTAL EQUITY | $477M |
| TOTAL LIABILITIES & EQUITY | $510M |
| Total Debt | $0 |
| Net Debt | -$361M |
