| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $38M | $43M | -2.3% | -13.8% |
| Op. Income | $4M | $2M | $7M | 55.8% | -47.6% |
| Gross Margin | 89.7% | 89.4% | 88.0% | 0.3pp | 1.7pp |
| Net Margin | 4.3% | 7.8% | 8.1% | -3.5pp | -3.9pp |
| EPS (Diluted) | $0.03 | $0.06 | $0.07 | -50.0% | -57.1% |
| Free Cash Flow | $186.0K | $3M | $5M | -93.3% | -96.3% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $33M |
| R&D Expenses | $4M |
| Selling & Marketing | $14M |
| General & Administrative | $8M |
| SG&A Expenses | $22M |
| Other Expenses | $2M |
| Operating Expenses | $29M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $105.0K |
| Other Income/Expenses | -$105.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $2M |
| 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 | $2M |
| EBIT | $4M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $33M |
| R&D Expenses | $4M |
| Selling & Marketing | $14M |
| General & Administrative | $8M |
| SG&A Expenses | $22M |
| Other Expenses | $2M |
| Operating Expenses | $29M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $105.0K |
| Other Income/Expenses | -$105.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $2M |
| 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 | $2M |
| EBIT | $4M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $66.0K |
| Other Non-Cash Items | $37.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $186.0K |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $26M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $37M |
| PP&E (Net) | $34M |
| Goodwill | $155M |
| Intangible Assets | $39M |
| Long-Term Investments | $7M |
| Tax Assets | $143.0K |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $239M |
| TOTAL ASSETS | $276M |
| Account Payables | $18M |
| Short-Term Debt | $4M |
| Deferred Revenue | $60M |
| Other Current Liabilities | -$4M |
| TOTAL CURRENT LIABILITIES | $83M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $44M |
| TOTAL LIABILITIES | $127M |
| Common Stock | $697.0K |
| Additional Paid-In Capital | $223M |
| Retained Earnings | $73M |
| Treasury Stock | -$118M |
| Accum. Other Comp. Income | -$30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $149M |
| Minority Interest | $0 |
| TOTAL EQUITY | $149M |
| TOTAL LIABILITIES & EQUITY | $276M |
| Total Debt | $35M |
| Net Debt | $30M |
