| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | $51M | $51M | 6.9% | 6.7% |
| Op. Income | $4M | $2M | $2M | 87.1% | 179.2% |
| Gross Margin | 85.1% | 82.4% | 82.4% | 2.7pp | 2.6pp |
| Net Margin | 5.5% | 3.2% | 0.2% | 2.3pp | 5.4pp |
| EPS (Diluted) | $0.21 | $0.12 | $0.01 | 75.0% | 2000.0% |
| Free Cash Flow | $4M | $2M | $1M | 126.1% | 202.5% |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $46M |
| R&D Expenses | $400.0K |
| Selling & Marketing | $27M |
| General & Administrative | $15M |
| SG&A Expenses | $42M |
| Other Expenses | -$199.0K |
| Operating Expenses | $42M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $99.0K |
| Other Income/Expenses | -$298.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $383.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $46M |
| R&D Expenses | $400.0K |
| Selling & Marketing | $27M |
| General & Administrative | $15M |
| SG&A Expenses | $42M |
| Other Expenses | -$199.0K |
| Operating Expenses | $42M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $99.0K |
| Other Income/Expenses | -$298.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $383.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $383.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $338.0K |
| Other Non-Cash Items | $7.0K |
| Change in Working Capital | $665.0K |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$500.0K |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$29.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $14M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $39M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $51M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $29M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $125M |
| Retained Earnings | -$103M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $14.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22M |
| Minority Interest | $0 |
| TOTAL EQUITY | $22M |
| TOTAL LIABILITIES & EQUITY | $51M |
| Total Debt | $5M |
| Net Debt | -$11M |
