| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $8M | $8M | 14.8% | 14.8% |
| Op. Income | $3M | $3M | $4M | 2.2% | -19.8% |
| Gross Margin | 80.4% | 79.8% | 81.2% | 0.6pp | -0.8pp |
| Net Margin | 28.1% | 31.9% | 40.7% | -3.8pp | -12.6pp |
| EPS (Diluted) | $0.07 | $0.07 | $0.09 | 0.0% | -20.0% |
| Free Cash Flow | $2M | $3M | $4M | -15.4% | -31.6% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $8M |
| R&D Expenses | $200.0K |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $1.0K |
| Other Income/Expenses | -$1.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $257.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $348.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $8M |
| R&D Expenses | $200.0K |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $1.0K |
| Other Income/Expenses | -$1.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $257.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $348.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $348.0K |
| Stock-Based Compensation | $170.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$351.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$191.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$191.0K |
| Net Debt Issuance | -$33.0K |
| Common Stock Repurchased | -$387.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2.0K |
| NET CASH FROM FINANCING | -$418.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $837.0K |
| Other Current Assets | $570.0K |
| TOTAL CURRENT ASSETS | $14M |
| PP&E (Net) | $819.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $725.0K |
| Other Non-Current Assets | $314.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $16M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $725.0K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$2M |
| TOTAL NON-CURRENT LIABILITIES | $531.0K |
| TOTAL LIABILITIES | $7M |
| Common Stock | $34.0K |
| Additional Paid-In Capital | $8M |
| Retained Earnings | $5M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | -$89.0K |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $16M |
| Total Debt | $4M |
| Net Debt | -$6M |
