| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $104M | $91M | $117M | 14.6% | -10.4% |
| Op. Income | $6M | -$2M | $7M | 403.0% | -15.0% |
| Gross Margin | 42.4% | 43.4% | 41.9% | -0.9pp | 0.6pp |
| Net Margin | 3.4% | -5.4% | 0.2% | 8.8pp | 3.2pp |
| EPS (Diluted) | $0.35 | $-0.49 | $0.02 | 171.4% | 1650.0% |
| Free Cash Flow | -$43M | $22M | -$30M | -298.2% | -42.4% |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $44M |
| R&D Expenses | $5M |
| Selling & Marketing | $25M |
| General & Administrative | $8M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $6M |
| Interest Income | $540.0K |
| Interest Expense | $37.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $810.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $3M |
| EBIT | $4M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $44M |
| R&D Expenses | $5M |
| Selling & Marketing | $25M |
| General & Administrative | $8M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $6M |
| Interest Income | $540.0K |
| Interest Expense | $37.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $810.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $3M |
| EBIT | $4M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $534.0K |
| Deferred Income Tax | $47.0K |
| Other Non-Cash Items | $32.0K |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | -$39M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$708.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$43M |
| Net Change in Cash | -$50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $72M |
| Short-Term Investments | $32M |
| Net Receivables | $56M |
| Inventory | $116M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $282M |
| PP&E (Net) | $57M |
| Goodwill | $11M |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $109M |
| TOTAL ASSETS | $391M |
| Account Payables | $42M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $89M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $112M |
| Common Stock | $503.0K |
| Additional Paid-In Capital | $74M |
| Retained Earnings | $205M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $280M |
| Minority Interest | $0 |
| TOTAL EQUITY | $280M |
| TOTAL LIABILITIES & EQUITY | $391M |
| Total Debt | $0 |
| Net Debt | -$72M |
