| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $67M | $65M | $59M | 2.7% | 13.3% |
| Op. Income | $7M | $8M | $4M | -10.1% | 71.6% |
| Gross Margin | 68.1% | 67.5% | 66.6% | 0.6pp | 1.5pp |
| Net Margin | 10.2% | 11.0% | 5.5% | -0.8pp | 4.7pp |
| EPS (Diluted) | $0.19 | $0.20 | $0.09 | -5.0% | 102.1% |
| Free Cash Flow | $7M | $14M | $5M | -46.3% | 33.6% |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $46M |
| R&D Expenses | $6M |
| Selling & Marketing | $18M |
| General & Administrative | $13M |
| SG&A Expenses | $31M |
| Other Expenses | -$47.0K |
| Operating Expenses | $38M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $7M |
| Interest Income | $577.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $474.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $4M |
| EBIT | $7M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $46M |
| R&D Expenses | $6M |
| Selling & Marketing | $18M |
| General & Administrative | $13M |
| SG&A Expenses | $31M |
| Other Expenses | -$47.0K |
| Operating Expenses | $38M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $7M |
| Interest Income | $577.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $474.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $4M |
| EBIT | $7M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $838.0K |
| Other Non-Cash Items | $471.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$121.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$494.0K |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $144M |
| Short-Term Investments | $42M |
| Net Receivables | $28M |
| Inventory | $35M |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $257M |
| PP&E (Net) | $36M |
| Goodwill | $70M |
| Intangible Assets | $22M |
| Long-Term Investments | $11M |
| Tax Assets | $10M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $150M |
| TOTAL ASSETS | $407M |
| Account Payables | $4M |
| Short-Term Debt | $4M |
| Deferred Revenue | $29M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $53M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $76M |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $340M |
| Retained Earnings | $22M |
| Treasury Stock | -$29M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $331M |
| Minority Interest | $0 |
| TOTAL EQUITY | $331M |
| TOTAL LIABILITIES & EQUITY | $407M |
| Total Debt | $21M |
| Net Debt | -$122M |
