| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $74M | $72M | $63M | 3.5% | 17.9% |
| Op. Income | $13M | $18M | $10M | -28.6% | 33.0% |
| Gross Margin | 76.4% | 77.0% | 77.1% | -0.6pp | -0.7pp |
| Net Margin | 19.4% | 32.8% | 4.5% | -13.3pp | 14.9pp |
| EPS (Diluted) | $0.35 | $0.56 | $0.07 | -37.5% | 400.0% |
| Free Cash Flow | $23M | $25M | $15M | -7.8% | 59.4% |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $57M |
| R&D Expenses | $15M |
| Selling & Marketing | $19M |
| General & Administrative | $9M |
| SG&A Expenses | $29M |
| Other Expenses | $35.0K |
| Operating Expenses | $44M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $13M |
| Interest Income | $2M |
| Interest Expense | $60.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $405.0K |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $8M |
| EBIT | $13M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $57M |
| R&D Expenses | $15M |
| Selling & Marketing | $19M |
| General & Administrative | $9M |
| SG&A Expenses | $29M |
| Other Expenses | $35.0K |
| Operating Expenses | $44M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $13M |
| Interest Income | $2M |
| Interest Expense | $60.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $405.0K |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $8M |
| EBIT | $13M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$120.0K |
| Other Non-Cash Items | -$464.0K |
| Change in Working Capital | $67.0K |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | -$98M |
| Sales/Maturities of Investments | $66M |
| Other Investing Activities | -$31M |
| NET CASH FROM INVESTING | -$47M |
| Net Debt Issuance | -$414.0K |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | -$57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41M |
| Short-Term Investments | $248M |
| Net Receivables | $76M |
| Inventory | $0 |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $379M |
| PP&E (Net) | $61M |
| Goodwill | $7M |
| Intangible Assets | $22M |
| Long-Term Investments | $79M |
| Tax Assets | $26M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $207M |
| TOTAL ASSETS | $586M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $165M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $197M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $20M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $228M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $331M |
| Retained Earnings | $28M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$586.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $358M |
| Minority Interest | $0 |
| TOTAL EQUITY | $358M |
| TOTAL LIABILITIES & EQUITY | $586M |
| Total Debt | $2M |
| Net Debt | -$39M |
