| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $61M | $64M | $55M | -3.8% | 12.6% |
| Op. Income | $4M | $6M | -$2M | -41.0% | 262.0% |
| Gross Margin | 82.1% | 82.6% | 81.8% | -0.5pp | 0.3pp |
| Net Margin | 7.1% | 12.4% | -1.8% | -5.3pp | 8.9pp |
| EPS (Diluted) | $0.09 | $0.16 | $-0.02 | -43.4% | 504.5% |
| Free Cash Flow | $21M | $22M | $10M | -0.9% | 113.4% |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $50M |
| R&D Expenses | $15M |
| Selling & Marketing | $27M |
| General & Administrative | $5M |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $4M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $3M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $50M |
| R&D Expenses | $15M |
| Selling & Marketing | $27M |
| General & Administrative | $5M |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $4M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $3M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $178.0K |
| Other Non-Cash Items | -$829.0K |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$82.0K |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$48.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $260M |
| Net Receivables | $14M |
| Inventory | $17M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $353M |
| PP&E (Net) | $44M |
| Goodwill | $0 |
| Intangible Assets | $55M |
| Long-Term Investments | $107M |
| Tax Assets | $2M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $230M |
| TOTAL ASSETS | $583M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $89M |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $128M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $50M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $75M |
| TOTAL LIABILITIES | $202M |
| Common Stock | $701.0K |
| Additional Paid-In Capital | $394M |
| Retained Earnings | $106M |
| Treasury Stock | -$121M |
| Accum. Other Comp. Income | $6.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $380M |
| Minority Interest | $0 |
| TOTAL EQUITY | $380M |
| TOTAL LIABILITIES & EQUITY | $583M |
| Total Debt | $21M |
| Net Debt | -$31M |
