| Metric | Q1 2016 | Q4 2015 | Q1 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $36M | $33M | -9.8% | -3.6% |
| Op. Income | $6M | $7M | $3M | -9.5% | 113.8% |
| Gross Margin | 29.5% | 27.8% | 18.2% | 1.6pp | 11.3pp |
| Net Margin | 11.9% | 11.9% | 3.9% | 0.0pp | 8.0pp |
| EPS (Diluted) | $0.15 | $0.17 | $0.05 | -11.8% | 190.7% |
| Free Cash Flow | $6M | -$3M | -$4M | 296.8% | 272.3% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $151.7K |
| Other Income/Expenses | -$127.8K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $2M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $151.7K |
| Other Income/Expenses | -$127.8K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $2M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$111.1K |
| Other Non-Cash Items | $4.2K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$700.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $700.4K |
| NET CASH FROM INVESTING | -$661.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $32M |
| Inventory | $3M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $52M |
| PP&E (Net) | $35M |
| Goodwill | $101.4K |
| Intangible Assets | $842.9K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $917.0K |
| TOTAL NON-CURRENT ASSETS | $37M |
| TOTAL ASSETS | $89M |
| Account Payables | $9M |
| Short-Term Debt | $6M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $435.5K |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $21M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $172.0K |
| TOTAL NON-CURRENT LIABILITIES | $28M |
| TOTAL LIABILITIES | $46M |
| Common Stock | $3M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $23M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$31M |
| Other Equity | $48M |
| TOTAL STOCKHOLDERS' EQUITY | $43M |
| Minority Interest | $0 |
| TOTAL EQUITY | $43M |
| TOTAL LIABILITIES & EQUITY | $89M |
| Total Debt | $27M |
| Net Debt | $12M |
