| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | $17M | $21M | 82.5% | 47.2% |
| Op. Income | $13M | $2M | $8M | 422.6% | 60.0% |
| Gross Margin | 49.7% | 27.3% | 53.8% | 22.4pp | -4.1pp |
| Net Margin | 27.7% | 20.0% | 20.0% | 7.7pp | 7.6pp |
| EPS (Diluted) | $0.15 | $0.06 | $0.07 | 150.0% | 114.3% |
| Free Cash Flow | $15M | $3M | $3M | 402.5% | 339.8% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $294.0K |
| Other Income/Expenses | -$285.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | -$52.0K |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $1M |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $294.0K |
| Other Income/Expenses | -$285.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | -$52.0K |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $1M |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $314.0K |
| Deferred Income Tax | -$722.0K |
| Other Non-Cash Items | $200.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$423.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$979.0K |
| NET CASH FROM INVESTING | -$423.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $1M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $50M |
| PP&E (Net) | $23M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $43M |
| TOTAL ASSETS | $92M |
| Account Payables | $10M |
| Short-Term Debt | $6M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $51M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $73M |
| Common Stock | $7M |
| Additional Paid-In Capital | $71M |
| Retained Earnings | -$21M |
| Treasury Stock | -$38M |
| Accum. Other Comp. Income | -$387M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19M |
| Minority Interest | $0 |
| TOTAL EQUITY | $19M |
| TOTAL LIABILITIES & EQUITY | $92M |
| Total Debt | $7M |
| Net Debt | -$25M |
