| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $110M | $98M | $108M | 12.3% | 1.5% |
| Op. Income | $19M | $15M | $20M | 27.9% | -5.7% |
| Gross Margin | 46.0% | 45.7% | 44.9% | 0.4pp | 1.2pp |
| Net Margin | 14.4% | 13.4% | 16.2% | 1.0pp | -1.8pp |
| EPS (Diluted) | $0.15 | $0.13 | $0.17 | 15.4% | -11.8% |
| Free Cash Flow | $18M | $5M | $18M | 246.3% | 1.0% |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $51M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $91M |
| OPERATING INCOME | $19M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $768.0K |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $5M |
| EBIT | $19M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $51M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $91M |
| OPERATING INCOME | $19M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $768.0K |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $5M |
| EBIT | $19M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$121M |
| Sales/Maturities of Investments | $48M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$76M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | -$52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $226M |
| Net Receivables | $83M |
| Inventory | $86M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $450M |
| PP&E (Net) | $75M |
| Goodwill | $104M |
| Intangible Assets | $68M |
| Long-Term Investments | $0 |
| Tax Assets | $16M |
| Other Non-Current Assets | -$15M |
| TOTAL NON-CURRENT ASSETS | $246M |
| TOTAL ASSETS | $696M |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $38M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $58M |
| Common Stock | $8M |
| Additional Paid-In Capital | $222M |
| Retained Earnings | $419M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $638M |
| Minority Interest | $0 |
| TOTAL EQUITY | $638M |
| TOTAL LIABILITIES & EQUITY | $696M |
| Total Debt | $0 |
| Net Debt | -$42M |
