| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $20M | $20M | 9.4% | 12.9% |
| Op. Income | $6M | $5M | $5M | 12.6% | 21.3% |
| Gross Margin | 41.8% | 40.6% | 42.2% | 1.3pp | -0.4pp |
| Net Margin | 11.3% | 48.1% | 1.9% | -36.8pp | 9.4pp |
| EPS (Diluted) | $0.59 | $2.30 | $0.09 | -74.3% | 574.3% |
| Free Cash Flow | $4M | -$3M | $11M | 234.5% | -66.7% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $20.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $6M |
| Interest Income | $387.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $587.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $250.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $20.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $6M |
| Interest Income | $387.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $587.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $250.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $250.0K |
| Stock-Based Compensation | $29.0K |
| Deferred Income Tax | $376.0K |
| Other Non-Cash Items | $225.0K |
| Change in Working Capital | $411.0K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$121.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$121.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $75M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $535.0K |
| Other Current Assets | $657.0K |
| TOTAL CURRENT ASSETS | $87M |
| PP&E (Net) | $5M |
| Goodwill | $95.0K |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $343.0K |
| Other Non-Current Assets | $465.0K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $94M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $807.0K |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $145M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $496.0K |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $150M |
| TOTAL LIABILITIES | $164M |
| Common Stock | $93.0K |
| Additional Paid-In Capital | $61M |
| Retained Earnings | -$53M |
| Treasury Stock | -$78M |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$70M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$70M |
| TOTAL LIABILITIES & EQUITY | $94M |
| Total Debt | $145M |
| Net Debt | $70M |
