| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $83M | $108M | $91M | -22.7% | -8.2% |
| Op. Income | $651.0K | $10M | $5M | -93.3% | -85.8% |
| Gross Margin | 44.5% | 51.2% | 47.3% | -6.7pp | -2.8pp |
| Net Margin | 0.4% | 4.9% | 3.1% | -4.4pp | -2.6pp |
| EPS (Diluted) | $0.02 | $0.33 | $0.17 | -93.9% | -88.2% |
| Free Cash Flow | -$2M | $23M | $4M | -107.2% | -144.8% |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $83M |
| OPERATING INCOME | $651.0K |
| Interest Income | $0 |
| Interest Expense | $5.0K |
| Other Income/Expenses | -$5.0K |
| INCOME BEFORE TAX | $646.0K |
| Income Tax Expense | $292.0K |
| Net Income from Continuing Ops | $354.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $354.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $352.0K |
| D&A | $4M |
| EBIT | $651.0K |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $83M |
| OPERATING INCOME | $651.0K |
| Interest Income | $0 |
| Interest Expense | $5.0K |
| Other Income/Expenses | -$5.0K |
| INCOME BEFORE TAX | $646.0K |
| Income Tax Expense | $292.0K |
| Net Income from Continuing Ops | $354.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $354.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $352.0K |
| D&A | $4M |
| EBIT | $651.0K |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $354.0K |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $841.0K |
| Deferred Income Tax | -$433.0K |
| Other Non-Cash Items | -$29.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $85.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$732.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$425.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $49M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $89M |
| PP&E (Net) | $76M |
| Goodwill | $0 |
| Intangible Assets | $950.0K |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $84M |
| TOTAL ASSETS | $173M |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $19M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $41M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $61M |
| Common Stock | $151.0K |
| Additional Paid-In Capital | $67M |
| Retained Earnings | $56M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $111M |
| Minority Interest | $0 |
| TOTAL EQUITY | $111M |
| TOTAL LIABILITIES & EQUITY | $173M |
| Total Debt | $0 |
| Net Debt | -$19M |
