| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $6M | $3M | 1.7% | 88.8% |
| Op. Income | $1M | $1M | -$71.8K | -6.8% | 1968.5% |
| Gross Margin | 61.4% | 66.7% | 69.0% | -5.3pp | -7.6pp |
| Net Margin | 21.5% | 57.1% | -5.5% | -35.6pp | 27.0pp |
| EPS (Diluted) | $0.12 | $0.30 | $-0.02 | -60.0% | 755.7% |
| Free Cash Flow | $1M | $2M | -$406.2K | -21.4% | 469.2% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $4M |
| R&D Expenses | $571.3K |
| Selling & Marketing | $32.1K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $25.1K |
| Other Income/Expenses | $7.8K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $111.2K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $194.7K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $4M |
| R&D Expenses | $571.3K |
| Selling & Marketing | $32.1K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $25.1K |
| Other Income/Expenses | $7.8K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $111.2K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $194.7K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $194.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $189.2K |
| Other Non-Cash Items | -$189.2K |
| Change in Working Capital | $984.9K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$919.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$919.1K |
| Net Debt Issuance | -$614.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$508.6K |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $4M |
| Other Current Assets | $114.4K |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $31M |
| Account Payables | $2M |
| Short-Term Debt | $470.1K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $940.1K |
| Deferred Revenue NC | $156.8K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $10.7K |
| Additional Paid-In Capital | $59M |
| Retained Earnings | -$31M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26M |
| Minority Interest | $0 |
| TOTAL EQUITY | $26M |
| TOTAL LIABILITIES & EQUITY | $31M |
| Total Debt | $1M |
| Net Debt | -$7M |
