| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $47M | $44M | 6.3% | 13.8% |
| Op. Income | $6M | $5M | $3M | 30.3% | 79.0% |
| Gross Margin | 63.3% | 62.8% | 62.3% | 0.5pp | 1.0pp |
| Net Margin | 9.7% | 6.5% | 5.5% | 3.1pp | 4.2pp |
| EPS (Diluted) | $0.16 | $0.10 | $0.08 | 60.0% | 100.0% |
| Free Cash Flow | $8M | $7M | $2M | 13.9% | 339.6% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $31M |
| R&D Expenses | $10M |
| Selling & Marketing | $13M |
| General & Administrative | $3M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $25M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $280.0K |
| Other Income/Expenses | -$280.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $810.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $506.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $31M |
| R&D Expenses | $10M |
| Selling & Marketing | $13M |
| General & Administrative | $3M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $25M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $280.0K |
| Other Income/Expenses | -$280.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $810.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $506.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $506.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $23.0K |
| Other Non-Cash Items | $170.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$245.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$21M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$619.0K |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $348.0K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $21M |
| Net Receivables | $30M |
| Inventory | $30M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $128M |
| PP&E (Net) | $37M |
| Goodwill | $0 |
| Intangible Assets | $37M |
| Long-Term Investments | $18M |
| Tax Assets | $3M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $97M |
| TOTAL ASSETS | $225M |
| Account Payables | $10M |
| Short-Term Debt | $2M |
| Deferred Revenue | $30M |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $74M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $56M |
| TOTAL LIABILITIES | $130M |
| Common Stock | $95M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $95M |
| Minority Interest | $0 |
| TOTAL EQUITY | $95M |
| TOTAL LIABILITIES & EQUITY | $225M |
| Total Debt | $39M |
| Net Debt | -$872.0K |
