| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $56M | $54M | $49M | 2.9% | 13.2% |
| Op. Income | $1M | $4M | $1M | -69.2% | -5.3% |
| Gross Margin | 83.5% | 85.1% | 82.2% | -1.6pp | 1.2pp |
| Net Margin | 1.6% | 5.5% | 1.7% | -3.9pp | -0.0pp |
| EPS (Diluted) | $0.06 | $0.21 | $0.06 | -71.4% | 0.0% |
| Free Cash Flow | $2M | $4M | $1M | -45.6% | 71.8% |
| Item | Amount |
|---|---|
| REVENUE | $56M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $46M |
| R&D Expenses | $400.0K |
| Selling & Marketing | $28M |
| General & Administrative | $17M |
| SG&A Expenses | $45M |
| Other Expenses | -$49.0K |
| Operating Expenses | $45M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $110.0K |
| Other Income/Expenses | -$159.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $254.0K |
| Net Income from Continuing Ops | $911.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $911.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $911.0K |
| D&A | $441.0K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $56M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $46M |
| R&D Expenses | $400.0K |
| Selling & Marketing | $28M |
| General & Administrative | $17M |
| SG&A Expenses | $45M |
| Other Expenses | -$49.0K |
| Operating Expenses | $45M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $110.0K |
| Other Income/Expenses | -$159.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $254.0K |
| Net Income from Continuing Ops | $911.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $911.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $911.0K |
| D&A | $441.0K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $911.0K |
| Depreciation & Amortization | $441.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $233.0K |
| Other Non-Cash Items | $8.0K |
| Change in Working Capital | -$560.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$86.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$500.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $172.0K |
| NET CASH FROM FINANCING | -$328.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $471.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $13M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $52M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $10.0K |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $28M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $125M |
| Retained Earnings | -$102M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$111.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24M |
| Minority Interest | $0 |
| TOTAL EQUITY | $24M |
| TOTAL LIABILITIES & EQUITY | $52M |
| Total Debt | $5M |
| Net Debt | -$12M |
