| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $58M | $56M | $49M | 4.6% | 17.6% |
| Op. Income | $581.0K | $1M | $2M | -56.1% | -75.0% |
| Gross Margin | 83.2% | 83.5% | 81.6% | -0.3pp | 1.6pp |
| Net Margin | 1.4% | 1.6% | 0.6% | -0.2pp | 0.8pp |
| EPS (Diluted) | $0.06 | $0.06 | $0.02 | 0.0% | 200.0% |
| Free Cash Flow | $4M | $2M | $1M | 92.5% | 254.6% |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $48M |
| R&D Expenses | $500.0K |
| Selling & Marketing | $28M |
| General & Administrative | $20M |
| SG&A Expenses | $48M |
| Other Expenses | -$72.0K |
| Operating Expenses | $48M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $581.0K |
| Interest Income | $0 |
| Interest Expense | $100.0K |
| Other Income/Expenses | -$172.0K |
| INCOME BEFORE TAX | $409.0K |
| Income Tax Expense | -$420.0K |
| Net Income from Continuing Ops | $829.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $829.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $829.0K |
| D&A | $437.0K |
| EBIT | $508.0K |
| EBITDA | $946.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $48M |
| R&D Expenses | $500.0K |
| Selling & Marketing | $28M |
| General & Administrative | $20M |
| SG&A Expenses | $48M |
| Other Expenses | -$72.0K |
| Operating Expenses | $48M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $581.0K |
| Interest Income | $0 |
| Interest Expense | $100.0K |
| Other Income/Expenses | -$172.0K |
| INCOME BEFORE TAX | $409.0K |
| Income Tax Expense | -$420.0K |
| Net Income from Continuing Ops | $829.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $829.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $829.0K |
| D&A | $437.0K |
| EBIT | $508.0K |
| EBITDA | $946.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $829.0K |
| Depreciation & Amortization | $437.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $739.0K |
| Other Non-Cash Items | $7.0K |
| Change in Working Capital | $844.0K |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$186.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$600.0K |
| NET CASH FROM INVESTING | -$786.0K |
| Net Debt Issuance | -$500.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $12.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $13M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $44M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $54M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $162.0K |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $33M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $124M |
| Retained Earnings | -$102M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $10.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | $0 |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $54M |
| Total Debt | $4M |
| Net Debt | -$15M |
