| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $53M | $48M | $26M | 10.9% | 104.9% |
| Op. Income | $3M | $5M | $452.6K | -43.5% | 486.6% |
| Gross Margin | 7.4% | 12.8% | 5.3% | -5.5pp | 2.1pp |
| Net Margin | 3.7% | 7.5% | 1.2% | -3.7pp | 2.6pp |
| EPS (Diluted) | $0.29 | $0.51 | $0.05 | -43.1% | 480.0% |
| Free Cash Flow | $588.9K | -$607.3K | -$625.8K | 197.0% | 194.1% |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $3M |
| Interest Income | $6.3K |
| Interest Expense | $15.8K |
| Other Income/Expenses | -$9.5K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $644.7K |
| 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 | $357.6K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $3M |
| Interest Income | $6.3K |
| Interest Expense | $15.8K |
| Other Income/Expenses | -$9.5K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $644.7K |
| 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 | $357.6K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $357.6K |
| Stock-Based Compensation | $72.2K |
| Deferred Income Tax | -$104.0K |
| Other Non-Cash Items | $7.4K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $607.3K |
| Capital Expenditure | -$18.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6.3K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6.3K |
| NET CASH FROM INVESTING | -$24.7K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$210.3K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$210.3K |
| FREE CASH FLOW | $588.9K |
| Net Change in Cash | $372.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $55M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $77M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $1.9B |
| Other Non-Current Assets | -$1.9B |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $91M |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $420.6K |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $189.9K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $17M |
| Common Stock | $8M |
| Additional Paid-In Capital | $29M |
| Retained Earnings | $42M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $36M |
| TOTAL STOCKHOLDERS' EQUITY | $74M |
| Minority Interest | $0 |
| TOTAL EQUITY | $74M |
| TOTAL LIABILITIES & EQUITY | $91M |
| Total Debt | $0 |
| Net Debt | -$4M |
