| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $68M | $63M | $58M | 7.6% | 16.5% |
| Op. Income | $5M | $3M | $2M | 65.9% | 173.9% |
| Gross Margin | 46.7% | 48.1% | 48.2% | -1.5pp | -1.6pp |
| Net Margin | 2.7% | 1.2% | -0.4% | 1.6pp | 3.1pp |
| EPS (Diluted) | $0.07 | $0.04 | $-0.01 | 93.4% | 732.2% |
| Free Cash Flow | $2M | -$8M | -$9M | 121.5% | 119.9% |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $32M |
| R&D Expenses | $10M |
| Selling & Marketing | $10M |
| General & Administrative | $5M |
| SG&A Expenses | $15M |
| Other Expenses | $1M |
| Operating Expenses | $27M |
| Cost & Expenses | $63M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $415.0K |
| 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 | $1M |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $32M |
| R&D Expenses | $10M |
| Selling & Marketing | $10M |
| General & Administrative | $5M |
| SG&A Expenses | $15M |
| Other Expenses | $1M |
| Operating Expenses | $27M |
| Cost & Expenses | $63M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $415.0K |
| 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 | $1M |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $310.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$383.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$640.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $64M |
| Inventory | $33M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $110M |
| PP&E (Net) | $16M |
| Goodwill | $8M |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $48M |
| TOTAL ASSETS | $159M |
| Account Payables | $25M |
| Short-Term Debt | $9M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $75M |
| Long-Term Debt | $92M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $100M |
| TOTAL LIABILITIES | $175M |
| Common Stock | $774.0K |
| Additional Paid-In Capital | $25M |
| Retained Earnings | -$64M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$223.0K |
| Other Equity | $25M |
| TOTAL STOCKHOLDERS' EQUITY | -$16M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$16M |
| TOTAL LIABILITIES & EQUITY | $159M |
| Total Debt | $107M |
| Net Debt | $104M |
