| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $71M | $68M | $68M | 5.4% | 3.9% |
| Op. Income | $7M | $2M | $5M | 194.9% | 20.3% |
| Gross Margin | 66.0% | 65.6% | 66.9% | 0.4pp | -0.9pp |
| Net Margin | 4.0% | -0.4% | 0.3% | 4.4pp | 3.7pp |
| EPS (Diluted) | $0.07 | $-0.01 | $0.01 | 964.2% | 600.0% |
| Free Cash Flow | -$1M | -$33.0K | -$470.0K | -4154.5% | -198.7% |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $47M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $35M |
| SG&A Expenses | $35M |
| Other Expenses | -$185.0K |
| Operating Expenses | $40M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $7M |
| Interest Income | $233.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$93.0K |
| 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 | $4M |
| EBIT | $7M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $47M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $35M |
| SG&A Expenses | $35M |
| Other Expenses | -$185.0K |
| Operating Expenses | $40M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $7M |
| Interest Income | $233.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$93.0K |
| 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 | $4M |
| EBIT | $7M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $123.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $746.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$69.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$697.0K |
| Common Stock Repurchased | -$288.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $391.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$820.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $0 |
| Net Receivables | $62M |
| Inventory | $45M |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $189M |
| PP&E (Net) | $53M |
| Goodwill | $188M |
| Intangible Assets | $155M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $409M |
| TOTAL ASSETS | $597M |
| Account Payables | $7M |
| Short-Term Debt | $1M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $215M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $27M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $278M |
| TOTAL LIABILITIES | $315M |
| Common Stock | $389.0K |
| Additional Paid-In Capital | $266M |
| Retained Earnings | $38M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $282M |
| Minority Interest | $0 |
| TOTAL EQUITY | $282M |
| TOTAL LIABILITIES & EQUITY | $597M |
| Total Debt | $240M |
| Net Debt | $200M |
