| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | — | $21M | — | 46.1% |
| Op. Income | $10M | — | $6M | — | 67.2% |
| Gross Margin | 86.0% | — | 83.1% | — | 2.9pp |
| Net Margin | 33.1% | — | 30.4% | — | 2.7pp |
| EPS (Diluted) | $0.16 | — | $0.10 | — | 60.6% |
| Free Cash Flow | $2M | — | $7M | — | -67.5% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $26M |
| R&D Expenses | $1M |
| Selling & Marketing | $14M |
| General & Administrative | $1M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $10M |
| Interest Income | $403.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $403.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $177.0K |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $63.0K |
| EBIT | $10M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $26M |
| R&D Expenses | $1M |
| Selling & Marketing | $14M |
| General & Administrative | $1M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $10M |
| Interest Income | $403.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $403.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $177.0K |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $63.0K |
| EBIT | $10M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $63.0K |
| Stock-Based Compensation | $402.0K |
| Deferred Income Tax | -$66.0K |
| Other Non-Cash Items | -$124.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$378.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $122.0K |
| NET CASH FROM FINANCING | $122.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $45M |
| Net Receivables | $8M |
| Inventory | $7M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $80M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $85M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $9M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $31.0K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $30M |
| Common Stock | $75.0K |
| Additional Paid-In Capital | $11M |
| Retained Earnings | $43M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $103.0K |
| Other Equity | $33.0K |
| TOTAL STOCKHOLDERS' EQUITY | $54M |
| Minority Interest | $1M |
| TOTAL EQUITY | $55M |
| TOTAL LIABILITIES & EQUITY | $85M |
| Total Debt | $1M |
| Net Debt | -$18M |
