| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36M | $34M | $32M | 6.2% | 12.8% |
| Op. Income | $5M | $7M | $4M | -22.4% | 26.2% |
| Gross Margin | 75.3% | 76.2% | 75.9% | -0.8pp | -0.6pp |
| Net Margin | 11.4% | 15.8% | 8.4% | -4.5pp | 3.0pp |
| EPS (Diluted) | $0.14 | $0.19 | $0.09 | -26.3% | 55.6% |
| Free Cash Flow | $8M | $10M | $6M | -19.3% | 33.0% |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $27M |
| R&D Expenses | $2M |
| Selling & Marketing | $14M |
| General & Administrative | $5M |
| SG&A Expenses | $18M |
| Other Expenses | $1M |
| Operating Expenses | $22M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $5M |
| Interest Income | $107.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $108.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $1M |
| EBIT | $5M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $27M |
| R&D Expenses | $2M |
| Selling & Marketing | $14M |
| General & Administrative | $5M |
| SG&A Expenses | $18M |
| Other Expenses | $1M |
| Operating Expenses | $22M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $5M |
| Interest Income | $107.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $108.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $1M |
| EBIT | $5M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$685.0K |
| Other Non-Cash Items | $104.0K |
| Change in Working Capital | -$464.0K |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$312.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $96.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $347.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $5M |
| Net Receivables | $27M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $87M |
| PP&E (Net) | $39M |
| Goodwill | $94M |
| Intangible Assets | $710.0K |
| Long-Term Investments | $0 |
| Tax Assets | $136.0K |
| Other Non-Current Assets | $936.0K |
| TOTAL NON-CURRENT ASSETS | $134M |
| TOTAL ASSETS | $222M |
| Account Payables | $2M |
| Short-Term Debt | $1M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $22M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $52M |
| TOTAL LIABILITIES | $69M |
| Common Stock | $55.0K |
| Additional Paid-In Capital | $318M |
| Retained Earnings | $21M |
| Treasury Stock | -$185M |
| Accum. Other Comp. Income | -$319.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $153M |
| Minority Interest | $0 |
| TOTAL EQUITY | $153M |
| TOTAL LIABILITIES & EQUITY | $222M |
| Total Debt | $54M |
| Net Debt | $2M |
