| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $83M | — | $27M | — | 211.8% |
| Op. Income | $23M | — | -$25M | — | 192.2% |
| Gross Margin | 47.5% | — | -55.6% | — | 103.1pp |
| Net Margin | 25.6% | — | -110.0% | — | 135.6pp |
| EPS (Diluted) | $0.35 | — | $-0.54 | — | 165.2% |
| Free Cash Flow | $1M | — | -$31M | — | 104.6% |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $39M |
| R&D Expenses | $44M |
| Selling & Marketing | $217.5K |
| General & Administrative | $6M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $63M |
| OPERATING INCOME | $23M |
| Interest Income | $952.9K |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $6M |
| EBIT | $23M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $39M |
| R&D Expenses | $44M |
| Selling & Marketing | $217.5K |
| General & Administrative | $6M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $63M |
| OPERATING INCOME | $23M |
| Interest Income | $952.9K |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $6M |
| EBIT | $23M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$80M |
| Change in Working Capital | $53M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$191.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $72M |
| NET CASH FROM FINANCING | $72M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $178M |
| Short-Term Investments | $18M |
| Net Receivables | $171M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $374M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $99M |
| Long-Term Investments | $41M |
| Tax Assets | $2M |
| Other Non-Current Assets | $101.7K |
| TOTAL NON-CURRENT ASSETS | $154M |
| TOTAL ASSETS | $528M |
| Account Payables | $33M |
| Short-Term Debt | $460.7K |
| Deferred Revenue | $96M |
| Other Current Liabilities | $84M |
| TOTAL CURRENT LIABILITIES | $230M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $80M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $102M |
| TOTAL LIABILITIES | $332M |
| Common Stock | $4M |
| Additional Paid-In Capital | $351M |
| Retained Earnings | -$158M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $196M |
| Minority Interest | $0 |
| TOTAL EQUITY | $196M |
| TOTAL LIABILITIES & EQUITY | $528M |
| Total Debt | $5M |
| Net Debt | -$173M |
