| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $62M | $63M | $56M | -1.1% | 10.3% |
| Op. Income | $14M | $16M | $16M | -15.0% | -13.2% |
| Gross Margin | 57.7% | 58.1% | 59.5% | -0.4pp | -1.8pp |
| Net Margin | 19.1% | 22.5% | 23.7% | -3.4pp | -4.6pp |
| EPS (Diluted) | $0.41 | $0.49 | $0.47 | -16.3% | -12.8% |
| Free Cash Flow | $7M | $12M | $20M | -42.2% | -65.0% |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $36M |
| R&D Expenses | $12M |
| Selling & Marketing | $7M |
| General & Administrative | $2M |
| SG&A Expenses | $10M |
| Other Expenses | $654.0K |
| Operating Expenses | $22M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $14M |
| Interest Income | $486.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $486.0K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $2M |
| EBIT | $14M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $36M |
| R&D Expenses | $12M |
| Selling & Marketing | $7M |
| General & Administrative | $2M |
| SG&A Expenses | $10M |
| Other Expenses | $654.0K |
| Operating Expenses | $22M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $14M |
| Interest Income | $486.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $486.0K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $2M |
| EBIT | $14M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $993.0K |
| Deferred Income Tax | -$421.0K |
| Other Non-Cash Items | $993.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$735.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $151.0K |
| NET CASH FROM FINANCING | $151.0K |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$846.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $140M |
| Net Receivables | $43M |
| Inventory | $41M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $256M |
| PP&E (Net) | $14M |
| Goodwill | $20M |
| Intangible Assets | $11M |
| Long-Term Investments | $1M |
| Tax Assets | $3M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $50M |
| TOTAL ASSETS | $306M |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $9M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $47M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $52M |
| Common Stock | $255M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $255M |
| Minority Interest | $0 |
| TOTAL EQUITY | $255M |
| TOTAL LIABILITIES & EQUITY | $306M |
| Total Debt | $0 |
| Net Debt | -$28M |
