| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $87M | $132M | $96M | -34.4% | -9.9% |
| Op. Income | -$2M | $16M | -$5M | -112.2% | 60.2% |
| Gross Margin | 56.1% | 56.2% | 54.8% | -0.1pp | 1.3pp |
| Net Margin | -1.6% | 6.4% | -4.2% | -8.0pp | 2.6pp |
| EPS (Diluted) | $-0.04 | $0.24 | $-0.11 | -116.1% | 64.9% |
| Free Cash Flow | -$6M | $32M | -$13M | -117.1% | 58.5% |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | -$177.0K |
| Operating Expenses | $51M |
| Cost & Expenses | $89M |
| OPERATING INCOME | -$2M |
| Interest Income | $243.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $243.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$299.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $4M |
| EBIT | -$2M |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $899.0K |
| Deferred Income Tax | -$210.0K |
| Other Non-Cash Items | $155.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$522.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$522.0K |
| NET CASH FROM FINANCING | -$522.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $60M |
| Net Receivables | $22M |
| Inventory | $86M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $240M |
| PP&E (Net) | $86M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $11M |
| Tax Assets | $5M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $104M |
| TOTAL ASSETS | $344M |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $60M |
| Common Stock | $0 |
| Additional Paid-In Capital | $92M |
| Retained Earnings | $270M |
| Treasury Stock | -$77M |
| Accum. Other Comp. Income | -$163.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $285M |
| Minority Interest | $0 |
| TOTAL EQUITY | $285M |
| TOTAL LIABILITIES & EQUITY | $344M |
| Total Debt | $0 |
| Net Debt | -$61M |
