| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $273M | $208M | $214M | 31.0% | 27.5% |
| Op. Income | $201.0K | -$22M | -$16M | 100.9% | 101.3% |
| Gross Margin | 42.6% | 45.8% | 48.1% | -3.2pp | -5.5pp |
| Net Margin | -0.6% | -13.0% | -7.0% | 12.3pp | 6.3pp |
| EPS (Diluted) | $-0.02 | $-0.27 | $-0.16 | 93.5% | 89.1% |
| Free Cash Flow | $5M | $7M | $6M | -30.6% | -10.9% |
| Item | Amount |
|---|---|
| REVENUE | $273M |
| Cost of Revenue | $157M |
| GROSS PROFIT | $116M |
| R&D Expenses | $38M |
| Selling & Marketing | $57M |
| General & Administrative | $21M |
| SG&A Expenses | $78M |
| Other Expenses | -$847.0K |
| Operating Expenses | $116M |
| Cost & Expenses | $273M |
| OPERATING INCOME | $201.0K |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$70.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $11M |
| EBIT | -$646.0K |
| EBITDA | $10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $35.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $92M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $96M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $221M |
| Short-Term Investments | $0 |
| Net Receivables | $73M |
| Inventory | $193M |
| Other Current Assets | $190.0K |
| TOTAL CURRENT ASSETS | $498M |
| PP&E (Net) | $85M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $941.0K |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $90M |
| TOTAL ASSETS | $587M |
| Account Payables | $195M |
| Short-Term Debt | $7M |
| Deferred Revenue | $12M |
| Other Current Liabilities | $45M |
| TOTAL CURRENT LIABILITIES | $296M |
| Long-Term Debt | $33M |
| Deferred Revenue NC | $39M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $83M |
| TOTAL LIABILITIES | $379M |
| Common Stock | $101.0K |
| Additional Paid-In Capital | $425M |
| Retained Earnings | -$204M |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $208M |
| Minority Interest | $0 |
| TOTAL EQUITY | $208M |
| TOTAL LIABILITIES & EQUITY | $587M |
| Total Debt | $40M |
| Net Debt | -$181M |
