| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $77M | $65M | $62M | 18.4% | 24.7% |
| Op. Income | $25M | $15M | $21M | 64.8% | 18.6% |
| Gross Margin | 39.8% | 30.4% | 40.0% | 9.4pp | -0.2pp |
| Net Margin | 10.2% | 11.9% | 8.6% | -1.7pp | 1.6pp |
| EPS (Diluted) | $0.10 | $0.16 | $0.12 | -39.3% | -19.0% |
| Free Cash Flow | $11M | $15M | $5M | -24.3% | 148.9% |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $25M |
| Interest Income | $269.7K |
| Interest Expense | $2M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $9M |
| EBIT | $20M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $25M |
| Interest Income | $269.7K |
| Interest Expense | $2M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $9M |
| EBIT | $20M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $767.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $441.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$533.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $18M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $75M |
| PP&E (Net) | $383M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $390M |
| TOTAL ASSETS | $466M |
| Account Payables | $17M |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$15M |
| TOTAL CURRENT LIABILITIES | $63M |
| Long-Term Debt | $53M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $47M |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $142M |
| TOTAL LIABILITIES | $205M |
| Common Stock | $435M |
| Additional Paid-In Capital | $178M |
| Retained Earnings | -$256M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$96M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $260M |
| Minority Interest | $0 |
| TOTAL EQUITY | $260M |
| TOTAL LIABILITIES & EQUITY | $466M |
| Total Debt | $74M |
| Net Debt | $34M |
