| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | $42M | $39M | 2.5% | 12.3% |
| Op. Income | $3M | $3M | $2M | 11.2% | 77.4% |
| Gross Margin | 62.3% | 64.0% | 61.4% | -1.7pp | 0.9pp |
| Net Margin | 5.5% | 5.7% | 2.6% | -0.2pp | 2.9pp |
| EPS (Diluted) | $0.08 | $0.08 | $0.03 | 0.0% | 166.7% |
| Free Cash Flow | $2M | $8M | $2M | -76.8% | -14.4% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $27M |
| R&D Expenses | $9M |
| Selling & Marketing | $12M |
| General & Administrative | $3M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $20.0K |
| Other Income/Expenses | -$20.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $873.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $565.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $27M |
| R&D Expenses | $9M |
| Selling & Marketing | $12M |
| General & Administrative | $3M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $20.0K |
| Other Income/Expenses | -$20.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $873.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $565.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $565.0K |
| Stock-Based Compensation | $750.0K |
| Deferred Income Tax | $85.0K |
| Other Non-Cash Items | -$30.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$336.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$399.0K |
| Sales/Maturities of Investments | $850.0K |
| Other Investing Activities | $451.0K |
| NET CASH FROM INVESTING | $115.0K |
| Net Debt Issuance | -$626.0K |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $231.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $26M |
| Net Receivables | $31M |
| Inventory | $19M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $104M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $38M |
| Long-Term Investments | $19M |
| Tax Assets | $6M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $70M |
| TOTAL ASSETS | $174M |
| Account Payables | $6M |
| Short-Term Debt | $3M |
| Deferred Revenue | $22M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $52M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $32M |
| TOTAL LIABILITIES | $84M |
| Common Stock | $90M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $90M |
| Minority Interest | $0 |
| TOTAL EQUITY | $90M |
| TOTAL LIABILITIES & EQUITY | $174M |
| Total Debt | $7M |
| Net Debt | -$15M |
