| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $57M | $63M | $63M | -10.2% | -9.5% |
| Op. Income | $9M | $15M | $16M | -42.4% | -45.8% |
| Gross Margin | 55.7% | 56.6% | 58.1% | -0.9pp | -2.3pp |
| Net Margin | 13.7% | 24.0% | 22.5% | -10.3pp | -8.8pp |
| EPS (Diluted) | $0.27 | $0.53 | $0.49 | -49.1% | -44.9% |
| Free Cash Flow | $16M | $11M | $12M | 41.2% | 31.1% |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $32M |
| R&D Expenses | $13M |
| Selling & Marketing | $7M |
| General & Administrative | $3M |
| SG&A Expenses | $10M |
| Other Expenses | $656.0K |
| Operating Expenses | $23M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $9M |
| Interest Income | $510.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $510.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $3M |
| EBIT | $9M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $32M |
| R&D Expenses | $13M |
| Selling & Marketing | $7M |
| General & Administrative | $3M |
| SG&A Expenses | $10M |
| Other Expenses | $656.0K |
| Operating Expenses | $23M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $9M |
| Interest Income | $510.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $510.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $3M |
| EBIT | $9M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$197.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $106.0K |
| NET CASH FROM FINANCING | $106.0K |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $155M |
| Net Receivables | $47M |
| Inventory | $46M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $294M |
| PP&E (Net) | $43M |
| Goodwill | $20M |
| Intangible Assets | $10M |
| Long-Term Investments | $2M |
| Tax Assets | $4M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $80M |
| TOTAL ASSETS | $374M |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $54M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $84M |
| Common Stock | $290M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $290M |
| Minority Interest | $0 |
| TOTAL EQUITY | $290M |
| TOTAL LIABILITIES & EQUITY | $374M |
| Total Debt | $29M |
| Net Debt | -$7M |
