| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $96M | $101M | $95M | -5.4% | 0.7% |
| Op. Income | -$2M | $13M | -$721.0K | -113.3% | -138.6% |
| Gross Margin | 56.6% | 57.5% | 53.8% | -0.9pp | 2.8pp |
| Net Margin | -7.4% | 6.9% | -7.6% | -14.3pp | 0.2pp |
| EPS (Diluted) | $-0.06 | $0.05 | $-0.06 | -210.0% | 5.8% |
| Free Cash Flow | $27M | $7M | $178.0K | 296.2% | 14907.3% |
| Item | Amount |
|---|---|
| REVENUE | $96M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $54M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | -$3.0K |
| Operating Expenses | $44M |
| Cost & Expenses | $86M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $380.0K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $9M |
| EBIT | -$2M |
| EBITDA | $7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$96.0K |
| Other Non-Cash Items | $392.0K |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$18.0K |
| Other Investing Activities | $18.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$770.0K |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $119M |
| Short-Term Investments | $10M |
| Net Receivables | $61M |
| Inventory | $67M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $284M |
| PP&E (Net) | $35M |
| Goodwill | $268M |
| Intangible Assets | $21M |
| Long-Term Investments | $0 |
| Tax Assets | $215.0K |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $339M |
| TOTAL ASSETS | $624M |
| Account Payables | $32M |
| Short-Term Debt | $8M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $69M |
| Long-Term Debt | $251M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $44M |
| TOTAL NON-CURRENT LIABILITIES | $296M |
| TOTAL LIABILITIES | $365M |
| Common Stock | $1M |
| Additional Paid-In Capital | $736M |
| Retained Earnings | -$477M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $258M |
| Minority Interest | $0 |
| TOTAL EQUITY | $258M |
| TOTAL LIABILITIES & EQUITY | $624M |
| Total Debt | $260M |
| Net Debt | $141M |
