| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | $34M | $30M | 1.0% | 12.8% |
| Op. Income | $6M | $7M | $5M | -4.6% | 34.7% |
| Gross Margin | 48.2% | 50.5% | 48.9% | -2.2pp | -0.7pp |
| Net Margin | 20.9% | 17.7% | 14.2% | 3.2pp | 6.7pp |
| EPS (Diluted) | $0.19 | $0.16 | $0.12 | 18.8% | 58.3% |
| Free Cash Flow | $7M | $0 | -$2M | — | 474.6% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $17M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $6M |
| Interest Income | $135.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $135.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $463.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $498.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $17M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $6M |
| Interest Income | $135.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $135.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $463.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $498.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $498.0K |
| Stock-Based Compensation | $605.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$196.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $138.0K |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $85M |
| Short-Term Investments | $0 |
| Net Receivables | $26M |
| Inventory | $30M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $144M |
| PP&E (Net) | $18M |
| Goodwill | $0 |
| Intangible Assets | $502.0K |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $167M |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $32M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $35M |
| Common Stock | $157.0K |
| Additional Paid-In Capital | $99M |
| Retained Earnings | $34M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $132M |
| Minority Interest | $0 |
| TOTAL EQUITY | $132M |
| TOTAL LIABILITIES & EQUITY | $167M |
| Total Debt | $0 |
| Net Debt | -$85M |
