| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $64M | $59M | $58M | 8.6% | 9.2% |
| Op. Income | $6M | $3M | $6M | 125.5% | 9.2% |
| Gross Margin | 82.6% | 82.5% | 81.1% | 0.1pp | 1.5pp |
| Net Margin | 12.4% | 5.3% | 3.6% | 7.1pp | 8.8pp |
| EPS (Diluted) | $0.16 | $0.06 | $0.05 | 149.2% | 241.2% |
| Free Cash Flow | $22M | $7M | $6M | 199.9% | 243.1% |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $53M |
| R&D Expenses | $14M |
| Selling & Marketing | $28M |
| General & Administrative | $4M |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $6M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $778.0K |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $6M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $53M |
| R&D Expenses | $14M |
| Selling & Marketing | $28M |
| General & Administrative | $4M |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $6M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $778.0K |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $6M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $513.0K |
| Other Non-Cash Items | -$962.0K |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$30M |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $914.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $271M |
| Net Receivables | $17M |
| Inventory | $18M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $359M |
| PP&E (Net) | $24M |
| Goodwill | $32M |
| Intangible Assets | $9M |
| Long-Term Investments | $85M |
| Tax Assets | $3M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $174M |
| TOTAL ASSETS | $532M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $84M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $118M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $44M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $50M |
| TOTAL LIABILITIES | $168M |
| Common Stock | $693.0K |
| Additional Paid-In Capital | $384M |
| Retained Earnings | $102M |
| Treasury Stock | -$121M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $364M |
| Minority Interest | $0 |
| TOTAL EQUITY | $364M |
| TOTAL LIABILITIES & EQUITY | $532M |
| Total Debt | $0 |
| Net Debt | -$45M |
