| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $72M | $57M | $77M | 25.8% | -6.9% |
| Op. Income | $8M | $4M | -$34M | 131.9% | 124.1% |
| Gross Margin | 40.3% | 40.0% | 45.7% | 0.2pp | -5.5pp |
| Net Margin | 6.8% | 3.8% | -48.2% | 3.0pp | 55.0pp |
| EPS (Diluted) | $0.18 | $0.08 | $-1.44 | 125.0% | 112.5% |
| Free Cash Flow | $3M | $9M | $6M | -63.7% | -40.5% |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $29M |
| R&D Expenses | $4M |
| Selling & Marketing | $11M |
| General & Administrative | $3M |
| SG&A Expenses | $14M |
| Other Expenses | $3M |
| Operating Expenses | $21M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$754.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $3M |
| EBIT | $6M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $29M |
| R&D Expenses | $4M |
| Selling & Marketing | $11M |
| General & Administrative | $3M |
| SG&A Expenses | $14M |
| Other Expenses | $3M |
| Operating Expenses | $21M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$754.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $3M |
| EBIT | $6M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $596.0K |
| Deferred Income Tax | $244.0K |
| Other Non-Cash Items | -$239.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$936.0K |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $964.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $964.0K |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $4M |
| Net Receivables | $56M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $104M |
| PP&E (Net) | $16M |
| Goodwill | $125M |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $943.0K |
| TOTAL NON-CURRENT ASSETS | $153M |
| TOTAL ASSETS | $256M |
| Account Payables | $38M |
| Short-Term Debt | $16M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $77M |
| Long-Term Debt | $24M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $108M |
| Common Stock | $211.0K |
| Additional Paid-In Capital | $240M |
| Retained Earnings | -$90M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $142.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $149M |
| Minority Interest | $0 |
| TOTAL EQUITY | $149M |
| TOTAL LIABILITIES & EQUITY | $256M |
| Total Debt | $40M |
| Net Debt | $1M |
