| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42M | $47M | $46M | -11.6% | -9.8% |
| Op. Income | $6M | $8M | $9M | -26.9% | -34.0% |
| Gross Margin | 78.8% | 78.9% | 79.6% | -0.1pp | -0.8pp |
| Net Margin | 13.4% | 16.2% | -9.7% | -2.9pp | 23.1pp |
| EPS (Diluted) | $0.49 | $0.67 | $-0.40 | -26.9% | 222.5% |
| Free Cash Flow | $4M | $9M | $11M | -49.4% | -60.7% |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $20M |
| General & Administrative | $7M |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $324.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $498.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $92.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $20M |
| General & Administrative | $7M |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $324.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $498.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $92.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $92.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $358.0K |
| Other Non-Cash Items | $358.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$38.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$38.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $442.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $133M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $12M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $150M |
| PP&E (Net) | $934.0K |
| Goodwill | $2M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $158M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $186.0K |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $68M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $86M |
| Retained Earnings | $44M |
| Treasury Stock | -$40M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $90M |
| Minority Interest | $0 |
| TOTAL EQUITY | $90M |
| TOTAL LIABILITIES & EQUITY | $158M |
| Total Debt | $0 |
| Net Debt | -$133M |
