| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $106M | $116M | $88M | -8.3% | 21.0% |
| Op. Income | $10M | $13M | $4M | -20.3% | 177.2% |
| Gross Margin | 47.8% | 46.6% | 45.0% | 1.1pp | 2.8pp |
| Net Margin | 16.9% | 7.6% | 4.4% | 9.3pp | 12.6pp |
| EPS (Diluted) | $0.38 | $0.19 | $0.10 | 100.0% | 280.0% |
| Free Cash Flow | $4M | $4M | $4M | 19.5% | 3.9% |
| Item | Amount |
|---|---|
| REVENUE | $106M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $51M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | -$815.0K |
| Operating Expenses | $40M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $10M |
| Interest Income | $19.0K |
| Interest Expense | $3.0K |
| Other Income/Expenses | -$799.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | -$8M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $9M |
| EBIT | $11M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $106M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $51M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | -$815.0K |
| Operating Expenses | $40M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $10M |
| Interest Income | $19.0K |
| Interest Expense | $3.0K |
| Other Income/Expenses | -$799.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | -$8M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $9M |
| EBIT | $11M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $378.0K |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$374.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $121M |
| Inventory | $93M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $252M |
| PP&E (Net) | $52M |
| Goodwill | $384M |
| Intangible Assets | $127M |
| Long-Term Investments | -$650.0K |
| Tax Assets | $650.0K |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $571M |
| TOTAL ASSETS | $823M |
| Account Payables | $42M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $75M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $650.0K |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $88M |
| Common Stock | $467.0K |
| Additional Paid-In Capital | $576M |
| Retained Earnings | $157M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $734M |
| Minority Interest | $0 |
| TOTAL EQUITY | $734M |
| TOTAL LIABILITIES & EQUITY | $823M |
| Total Debt | $0 |
| Net Debt | -$26M |
