| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55M | $49M | $41M | 11.8% | 35.7% |
| Op. Income | $5M | $275.0K | -$6M | 1821.8% | 183.2% |
| Gross Margin | 15.8% | 9.0% | -6.5% | 6.8pp | 22.3pp |
| Net Margin | 7.6% | 0.4% | -12.4% | 7.2pp | 20.0pp |
| EPS (Diluted) | $0.19 | $0.01 | $-0.25 | 1943.0% | 176.0% |
| Free Cash Flow | -$7M | $10M | -$7M | -173.0% | -1.1% |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3M |
| Operating Expenses | $3M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $546.0K |
| Other Income/Expenses | $0 |
| 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 | $193.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3M |
| Operating Expenses | $3M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $546.0K |
| Other Income/Expenses | $0 |
| 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 | $193.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $193.0K |
| Stock-Based Compensation | $58.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$26.0K |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$63.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7.0K |
| NET CASH FROM FINANCING | -$56.0K |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $217M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | -$4M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $244M |
| Tax Assets | $1M |
| Other Non-Current Assets | -$152M |
| TOTAL NON-CURRENT ASSETS | $92M |
| TOTAL ASSETS | $354M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $209M |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $209M |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $243M |
| Common Stock | $22M |
| Additional Paid-In Capital | $57M |
| Retained Earnings | $41M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $111M |
| Minority Interest | $0 |
| TOTAL EQUITY | $111M |
| TOTAL LIABILITIES & EQUITY | $354M |
| Total Debt | $34M |
| Net Debt | $25M |
