| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $153M | $111M | $123M | 38.6% | 24.2% |
| Op. Income | $27M | $5M | $17M | 489.7% | 59.1% |
| Gross Margin | 48.1% | 49.6% | 50.3% | -1.5pp | -2.3pp |
| Net Margin | 16.6% | 3.8% | 12.2% | 12.8pp | 4.4pp |
| EPS (Diluted) | $0.73 | $0.12 | $0.48 | 508.3% | 52.1% |
| Free Cash Flow | $27M | $155.0K | $30M | 17405.2% | -9.1% |
| Item | Amount |
|---|---|
| REVENUE | $153M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $74M |
| R&D Expenses | $34M |
| Selling & Marketing | $6M |
| General & Administrative | $6M |
| SG&A Expenses | $12M |
| Other Expenses | $33.0K |
| Operating Expenses | $46M |
| Cost & Expenses | $126M |
| OPERATING INCOME | $27M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $4M |
| EBIT | $27M |
| EBITDA | $31M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $153M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $74M |
| R&D Expenses | $34M |
| Selling & Marketing | $6M |
| General & Administrative | $6M |
| SG&A Expenses | $12M |
| Other Expenses | $33.0K |
| Operating Expenses | $46M |
| Cost & Expenses | $126M |
| OPERATING INCOME | $27M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $4M |
| EBIT | $27M |
| EBITDA | $31M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | -$46M |
| Other Investing Activities | $50M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $323M |
| Short-Term Investments | $2M |
| Net Receivables | $109M |
| Inventory | $88M |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $565M |
| PP&E (Net) | $98M |
| Goodwill | $17M |
| Intangible Assets | $4M |
| Long-Term Investments | $3M |
| Tax Assets | $4M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $133M |
| TOTAL ASSETS | $698M |
| Account Payables | $31M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $54M |
| TOTAL CURRENT LIABILITIES | $126M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $35M |
| TOTAL LIABILITIES | $161M |
| Common Stock | $1M |
| Additional Paid-In Capital | $265M |
| Retained Earnings | $271M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$785.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $537M |
| Minority Interest | $0 |
| TOTAL EQUITY | $537M |
| TOTAL LIABILITIES & EQUITY | $698M |
| Total Debt | $3M |
| Net Debt | -$320M |
