| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $8M | $7M | 1.2% | 18.7% |
| Op. Income | $2M | $2M | $1M | -15.6% | 39.2% |
| Gross Margin | 75.7% | 76.2% | 76.2% | -0.5pp | -0.5pp |
| Net Margin | 21.9% | 20.5% | 11.8% | 1.4pp | 10.0pp |
| EPS (Diluted) | $0.15 | $0.14 | $0.07 | 7.1% | 114.3% |
| Free Cash Flow | $572.5K | $3M | $2M | -83.4% | -63.0% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $6M |
| R&D Expenses | $352.6K |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $92.6K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$239.1K |
| 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 | $387.1K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $6M |
| R&D Expenses | $352.6K |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $92.6K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$239.1K |
| 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 | $387.1K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $387.1K |
| Stock-Based Compensation | $382.4K |
| Deferred Income Tax | $59.0K |
| Other Non-Cash Items | $145.8K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $665.2K |
| Capital Expenditure | -$92.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $650.0K |
| Other Investing Activities | $640.3K |
| NET CASH FROM INVESTING | $557.3K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$22.5K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $434.2K |
| NET CASH FROM FINANCING | $434.2K |
| FREE CASH FLOW | $572.5K |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $6M |
| Net Receivables | $5M |
| Inventory | $4M |
| Other Current Assets | $783.2K |
| TOTAL CURRENT ASSETS | $47M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $819.8K |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $106.5K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $54M |
| Account Payables | $1M |
| Short-Term Debt | $230.3K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $38.5K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$3M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $1.1K |
| Additional Paid-In Capital | $16M |
| Retained Earnings | $29M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $45M |
| Minority Interest | $0 |
| TOTAL EQUITY | $45M |
| TOTAL LIABILITIES & EQUITY | $54M |
| Total Debt | $3M |
| Net Debt | -$27M |
