| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | — | $9M | — | 66.0% |
| Op. Income | $4M | — | $2M | — | 71.7% |
| Gross Margin | 40.5% | — | 37.5% | — | 3.1pp |
| Net Margin | 19.5% | — | 21.0% | — | -1.5pp |
| EPS (Diluted) | $0.30 | — | $2.50 | — | -88.0% |
| Free Cash Flow | $3M | — | $3M | — | 19.5% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $6M |
| R&D Expenses | $170.4K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $153.2K |
| Other Income/Expenses | -$326.7K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $511.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $576.8K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $6M |
| R&D Expenses | $170.4K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $153.2K |
| Other Income/Expenses | -$326.7K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $511.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $576.8K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $576.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $9.7K |
| Other Non-Cash Items | $71.5K |
| Change in Working Capital | $594.1K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$819.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$819.3K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $49M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $53M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $5M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $64M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $82.9K |
| Long-Term Investments | $0 |
| Tax Assets | $11 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $74M |
| Account Payables | $2M |
| Short-Term Debt | $5M |
| Deferred Revenue | $242.5K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $13M |
| Common Stock | $51.8K |
| Additional Paid-In Capital | $52M |
| Retained Earnings | $9M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $309.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $61M |
| Minority Interest | $0 |
| TOTAL EQUITY | $61M |
| TOTAL LIABILITIES & EQUITY | $74M |
| Total Debt | $5M |
| Net Debt | -$48M |
