| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $53M | $49M | $44M | 7.9% | 19.8% |
| Op. Income | $9M | $6M | -$2M | 46.8% | 525.6% |
| Gross Margin | 89.3% | 89.7% | 89.2% | -0.4pp | 0.1pp |
| Net Margin | 19.5% | 14.6% | -4.2% | 4.9pp | 23.7pp |
| EPS (Diluted) | $0.19 | $0.13 | $-0.04 | 46.2% | 564.5% |
| Free Cash Flow | $15M | $9M | $3M | 78.1% | 365.4% |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $47M |
| R&D Expenses | $13M |
| Selling & Marketing | $900.0K |
| General & Administrative | $24M |
| SG&A Expenses | $25M |
| Other Expenses | $1M |
| Operating Expenses | $38M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | -$42.0K |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $380.0K |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $47M |
| R&D Expenses | $13M |
| Selling & Marketing | $900.0K |
| General & Administrative | $24M |
| SG&A Expenses | $25M |
| Other Expenses | $1M |
| Operating Expenses | $38M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | -$42.0K |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $380.0K |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $752.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$835.0K |
| Other Non-Cash Items | $14.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$22.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$80M |
| Sales/Maturities of Investments | $65M |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $792.0K |
| NET CASH FROM FINANCING | $792.0K |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $227.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $196M |
| Net Receivables | $29M |
| Inventory | $994.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $299M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $25M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $33M |
| TOTAL ASSETS | $332M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $53M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $57M |
| Common Stock | $52.0K |
| Additional Paid-In Capital | $612M |
| Retained Earnings | -$336M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $275M |
| Minority Interest | $0 |
| TOTAL EQUITY | $275M |
| TOTAL LIABILITIES & EQUITY | $332M |
| Total Debt | $0 |
| Net Debt | -$61M |
