| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $88M | $67M | — | 30.5% | — |
| Op. Income | $5M | -$7M | — | 165.9% | — |
| Gross Margin | 91.1% | 89.5% | — | 1.7pp | — |
| Net Margin | 7.4% | -10.9% | — | 18.3pp | — |
| EPS (Diluted) | $0.07 | $-0.08 | — | 180.1% | — |
| Free Cash Flow | $874.0K | -$5M | — | 116.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $88M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $80M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $56M |
| Other Expenses | $0 |
| Operating Expenses | $75M |
| Cost & Expenses | $83M |
| OPERATING INCOME | $5M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $704.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $2M |
| EBIT | $5M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $88M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $80M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $56M |
| Other Expenses | $0 |
| Operating Expenses | $75M |
| Cost & Expenses | $83M |
| OPERATING INCOME | $5M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $704.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $2M |
| EBIT | $5M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$55.0K |
| FREE CASH FLOW | $874.0K |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $110M |
| Net Receivables | $85M |
| Inventory | $0 |
| Other Current Assets | $166.0K |
| TOTAL CURRENT ASSETS | $251M |
| PP&E (Net) | $17M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $34M |
| TOTAL ASSETS | $285M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $88M |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $146M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $160M |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $267M |
| Retained Earnings | -$138M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $125M |
| Minority Interest | $0 |
| TOTAL EQUITY | $125M |
| TOTAL LIABILITIES & EQUITY | $285M |
| Total Debt | $0 |
| Net Debt | -$49M |
