| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $100M | $103M | $96M | -3.1% | 4.4% |
| Op. Income | $15M | $17M | -$2M | -7.2% | 1000.6% |
| Gross Margin | 59.2% | 59.4% | 56.6% | -0.2pp | 2.6pp |
| Net Margin | 14.0% | 13.1% | -7.4% | 0.9pp | 21.4pp |
| EPS (Diluted) | $0.10 | $0.10 | $-0.06 | 0.0% | 281.8% |
| Free Cash Flow | $35M | $15M | $27M | 135.6% | 32.7% |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $59M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $3M |
| Operating Expenses | $44M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $92.0K |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $4M |
| EBIT | $15M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $59M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $3M |
| Operating Expenses | $44M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $92.0K |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $4M |
| EBIT | $15M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $118M |
| Short-Term Investments | $0 |
| Net Receivables | $65M |
| Inventory | $55M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $262M |
| PP&E (Net) | $63M |
| Goodwill | $268M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $478.0K |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $350M |
| TOTAL ASSETS | $612M |
| Account Payables | $44M |
| Short-Term Debt | $21M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $100M |
| Long-Term Debt | $125M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $185M |
| TOTAL LIABILITIES | $284M |
| Common Stock | $1M |
| Additional Paid-In Capital | $762M |
| Retained Earnings | -$433M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $328M |
| Minority Interest | $0 |
| TOTAL EQUITY | $328M |
| TOTAL LIABILITIES & EQUITY | $612M |
| Total Debt | $173M |
| Net Debt | $55M |
