| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | $53M | $63M | 23.1% | 2.5% |
| Op. Income | $14M | $6M | $15M | 123.7% | -3.8% |
| Gross Margin | 53.6% | 52.4% | 56.6% | 1.2pp | -3.0pp |
| Net Margin | 19.2% | 16.3% | 24.0% | 2.9pp | -4.9pp |
| EPS (Diluted) | $0.43 | $0.30 | $0.53 | 43.3% | -18.9% |
| Free Cash Flow | $10M | $1M | $11M | 661.3% | -8.9% |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $35M |
| R&D Expenses | $10M |
| Selling & Marketing | $7M |
| General & Administrative | $3M |
| SG&A Expenses | $10M |
| Other Expenses | $656.0K |
| Operating Expenses | $20M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $14M |
| Interest Income | $2M |
| Interest Expense | $99.0K |
| Other Income/Expenses | $826.0K |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| 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 | $1M |
| EBIT | $14M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $35M |
| R&D Expenses | $10M |
| Selling & Marketing | $7M |
| General & Administrative | $3M |
| SG&A Expenses | $10M |
| Other Expenses | $656.0K |
| Operating Expenses | $20M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $14M |
| Interest Income | $2M |
| Interest Expense | $99.0K |
| Other Income/Expenses | $826.0K |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| 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 | $1M |
| EBIT | $14M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $75.8K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $587.2K |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$35.8K |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $13.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $139.8K |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $157M |
| Net Receivables | $52M |
| Inventory | $48M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $306M |
| PP&E (Net) | $59M |
| Goodwill | $20M |
| Intangible Assets | $8M |
| Long-Term Investments | $2M |
| Tax Assets | $5M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $94M |
| TOTAL ASSETS | $400M |
| Account Payables | $21M |
| Short-Term Debt | $2M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $48M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $38M |
| TOTAL LIABILITIES | $86M |
| Common Stock | $74.0K |
| Additional Paid-In Capital | $121M |
| Retained Earnings | $194M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $15.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $315M |
| Minority Interest | $0 |
| TOTAL EQUITY | $315M |
| TOTAL LIABILITIES & EQUITY | $400M |
| Total Debt | $33M |
| Net Debt | $2M |
