| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $62M | $70M | $67M | -10.9% | -7.8% |
| Op. Income | $4M | $8M | $4M | -40.7% | 21.7% |
| Gross Margin | 37.9% | 37.3% | 31.7% | 0.6pp | 6.2pp |
| Net Margin | 4.5% | 7.6% | 3.4% | -3.0pp | 1.1pp |
| EPS (Diluted) | $0.05 | $0.09 | $0.04 | -44.4% | 25.0% |
| Free Cash Flow | $4M | $1M | $23M | 236.2% | -83.5% |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $24M |
| R&D Expenses | $8M |
| Selling & Marketing | $6M |
| General & Administrative | $5M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $821.0K |
| Other Income/Expenses | -$821.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $810.0K |
| 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 | $3M |
| EBIT | $4M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $24M |
| R&D Expenses | $8M |
| Selling & Marketing | $6M |
| General & Administrative | $5M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $821.0K |
| Other Income/Expenses | -$821.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $810.0K |
| 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 | $3M |
| EBIT | $4M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $871.0K |
| Deferred Income Tax | $683.0K |
| Other Non-Cash Items | $285.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $338.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $131.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $0 |
| Net Receivables | $88M |
| Inventory | $24M |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $243M |
| PP&E (Net) | $88M |
| Goodwill | $43M |
| Intangible Assets | $2M |
| Long-Term Investments | $15M |
| Tax Assets | $3M |
| Other Non-Current Assets | $149.0K |
| TOTAL NON-CURRENT ASSETS | $152M |
| TOTAL ASSETS | $395M |
| Account Payables | $24M |
| Short-Term Debt | $4M |
| Deferred Revenue | $26M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $161M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $176M |
| Common Stock | $3M |
| Additional Paid-In Capital | $926M |
| Retained Earnings | -$705M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $220M |
| Minority Interest | $0 |
| TOTAL EQUITY | $220M |
| TOTAL LIABILITIES & EQUITY | $395M |
| Total Debt | $13M |
| Net Debt | -$56M |
