| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $8M | $8M | -20.7% | -19.2% |
| Op. Income | $2M | $3M | $3M | -35.3% | -29.5% |
| Gross Margin | 44.7% | 48.9% | 49.7% | -4.2pp | -5.0pp |
| Net Margin | 10.9% | 29.2% | 32.0% | -18.3pp | -21.1pp |
| EPS (Diluted) | $0.02 | $0.08 | $0.10 | -75.0% | -80.0% |
| Free Cash Flow | $2M | $2M | -$1M | 2.3% | 260.5% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $854.2K |
| SG&A Expenses | $854.2K |
| Other Expenses | $0 |
| Operating Expenses | $854.2K |
| Cost & Expenses | $4M |
| OPERATING INCOME | $2M |
| Interest Income | $1.5K |
| Interest Expense | $50.5K |
| Other Income/Expenses | -$641.1K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $434.4K |
| Net Income from Continuing Ops | $700.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$138.3K |
| NET INCOME | $700.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $562.3K |
| D&A | $1M |
| EBIT | $1M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $854.2K |
| SG&A Expenses | $854.2K |
| Other Expenses | $0 |
| Operating Expenses | $854.2K |
| Cost & Expenses | $4M |
| OPERATING INCOME | $2M |
| Interest Income | $1.5K |
| Interest Expense | $50.5K |
| Other Income/Expenses | -$641.1K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $434.4K |
| Net Income from Continuing Ops | $700.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$138.3K |
| NET INCOME | $700.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $562.3K |
| D&A | $1M |
| EBIT | $1M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $700.6K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $113.5K |
| Deferred Income Tax | $434.4K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | $56.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$47.3K |
| NET CASH FROM INVESTING | $9.3K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$189.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$165.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $557.4K |
| Other Current Assets | $134.4K |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $99M |
| Goodwill | $0 |
| Intangible Assets | $18M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$18M |
| TOTAL NON-CURRENT ASSETS | $99M |
| TOTAL ASSETS | $115M |
| Account Payables | $5M |
| Short-Term Debt | $900.0K |
| Deferred Revenue | $914.1K |
| Other Current Liabilities | $333.9K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $28M |
| Common Stock | $144M |
| Additional Paid-In Capital | $12M |
| Retained Earnings | -$78M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $87M |
| Minority Interest | $0 |
| TOTAL EQUITY | $87M |
| TOTAL LIABILITIES & EQUITY | $115M |
| Total Debt | $900.0K |
| Net Debt | -$11M |
