| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $9M | $7M | 17.7% | 50.5% |
| Op. Income | $1M | $935.9K | -$439.1K | 12.1% | 338.9% |
| Gross Margin | 88.7% | 86.8% | 86.3% | 2.0pp | 2.4pp |
| Net Margin | 8.9% | 9.2% | -5.5% | -0.3pp | 14.4pp |
| EPS (Diluted) | $0.07 | $0.06 | $-0.03 | 16.7% | 345.6% |
| Free Cash Flow | -$748.0K | $3M | -$216.8K | -125.1% | -245.0% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | -$116.8K |
| Operating Expenses | $8M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $7.7K |
| INCOME BEFORE TAX | $951.3K |
| Income Tax Expense | -$1.3K |
| Net Income from Continuing Ops | $952.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $952.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $952.6K |
| D&A | $365.7K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | -$116.8K |
| Operating Expenses | $8M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $7.7K |
| INCOME BEFORE TAX | $951.3K |
| Income Tax Expense | -$1.3K |
| Net Income from Continuing Ops | $952.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $952.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $952.6K |
| D&A | $365.7K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $952.6K |
| Depreciation & Amortization | $365.7K |
| Stock-Based Compensation | $171.8K |
| Deferred Income Tax | -$22.4K |
| Other Non-Cash Items | $85.9K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $459.5K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$30.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $36.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$105.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $189.9K |
| NET CASH FROM FINANCING | $84.6K |
| FREE CASH FLOW | -$748.0K |
| Net Change in Cash | -$657.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $755.6K |
| Other Current Assets | $755.6K |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $14M |
| Goodwill | $3M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $34M |
| Account Payables | $1M |
| Short-Term Debt | $1M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $861.5K |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $80.0K |
| Other Non-Current Liabilities | $27.2K |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $32M |
| Common Stock | $13.8K |
| Additional Paid-In Capital | $39M |
| Retained Earnings | -$36M |
| Treasury Stock | -$90.9K |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | -$100 |
| TOTAL EQUITY | $0 |
| TOTAL LIABILITIES & EQUITY | $34M |
| Total Debt | $12M |
| Net Debt | $4M |
