| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $121M | $108M | $107M | 11.7% | 13.5% |
| Op. Income | $23M | $15M | $20M | 54.1% | 14.2% |
| Gross Margin | 41.4% | 41.0% | 47.7% | 0.4pp | -6.3pp |
| Net Margin | 12.6% | 10.8% | 9.6% | 1.8pp | 3.0pp |
| EPS (Diluted) | $0.18 | $0.15 | $0.14 | 20.0% | 28.6% |
| Free Cash Flow | $12M | $24M | $8M | -48.3% | 52.4% |
| Item | Amount |
|---|---|
| REVENUE | $121M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $23M |
| Interest Income | $781.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $2M |
| EBIT | $23M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $121M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $23M |
| Interest Income | $781.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $2M |
| EBIT | $23M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$269.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$494.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$494.0K |
| Net Debt Issuance | -$500.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$26M |
| NET CASH FROM FINANCING | $87M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $99M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $211M |
| Short-Term Investments | $0 |
| Net Receivables | $37M |
| Inventory | $38M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $297M |
| PP&E (Net) | $3M |
| Goodwill | $471M |
| Intangible Assets | $311M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $789M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $17M |
| Short-Term Debt | $650.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $32M |
| Long-Term Debt | $191M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $59M |
| Other Non-Current Liabilities | $728.0K |
| TOTAL NON-CURRENT LIABILITIES | $250M |
| TOTAL LIABILITIES | $283M |
| Common Stock | $819.0K |
| Additional Paid-In Capital | $729M |
| Retained Earnings | $74M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$656.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $803M |
| Minority Interest | $0 |
| TOTAL EQUITY | $803M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $191M |
| Net Debt | -$19M |
