| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $2M | $2M | 39.2% | 28.6% |
| Op. Income | $778.0K | $362.0K | $341.0K | 114.9% | 128.2% |
| Gross Margin | 71.8% | 69.4% | 68.7% | 2.4pp | 3.1pp |
| Net Margin | 46.5% | 19.1% | 16.8% | 27.4pp | 29.7pp |
| EPS (Diluted) | $3.19 | $0.94 | $0.75 | 239.4% | 325.3% |
| Free Cash Flow | $1M | $137.0K | $353.0K | 656.9% | 193.8% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $731.0K |
| GROSS PROFIT | $2M |
| R&D Expenses | $380.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $702.0K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $778.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $5.0K |
| INCOME BEFORE TAX | $783.0K |
| Income Tax Expense | -$423.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $25.0K |
| EBIT | $778.0K |
| EBITDA | $803.0K |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $731.0K |
| GROSS PROFIT | $2M |
| R&D Expenses | $380.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $702.0K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $778.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $5.0K |
| INCOME BEFORE TAX | $783.0K |
| Income Tax Expense | -$423.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $25.0K |
| EBIT | $778.0K |
| EBITDA | $803.0K |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $25.0K |
| Stock-Based Compensation | $2.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$443.0K |
| Change in Working Capital | $263.0K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$16.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $35.0K |
| NET CASH FROM FINANCING | $35.0K |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $871.0K |
| Inventory | $863.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $181.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $395.0K |
| TOTAL NON-CURRENT ASSETS | $576.0K |
| TOTAL ASSETS | $8M |
| Account Payables | $201.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $617.0K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1M |
| Common Stock | $105.0K |
| Additional Paid-In Capital | $139M |
| Retained Earnings | -$118M |
| Treasury Stock | -$14M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $0 |
| Net Debt | -$6M |
