| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $3M | 4.3% | -17.8% |
| Op. Income | $430.0K | $219.0K | $839.0K | 96.3% | -48.7% |
| Gross Margin | 57.7% | 54.8% | 63.1% | 2.9pp | -5.4pp |
| Net Margin | 13.4% | 4.6% | 16.8% | 8.8pp | -3.4pp |
| EPS (Diluted) | $0.05 | $0.02 | $0.07 | 150.0% | -28.6% |
| Free Cash Flow | $687.0K | $270.0K | $536.0K | 154.4% | 28.2% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $2M |
| R&D Expenses | $237.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $881.0K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $430.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $62.0K |
| INCOME BEFORE TAX | $492.0K |
| Income Tax Expense | $133.0K |
| Net Income from Continuing Ops | $359.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $359.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $359.0K |
| D&A | -$1.0K |
| EBIT | $430.0K |
| EBITDA | $430.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $2M |
| R&D Expenses | $237.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $881.0K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $430.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $62.0K |
| INCOME BEFORE TAX | $492.0K |
| Income Tax Expense | $133.0K |
| Net Income from Continuing Ops | $359.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $359.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $359.0K |
| D&A | -$1.0K |
| EBIT | $430.0K |
| EBITDA | $430.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $359.0K |
| Depreciation & Amortization | -$1.0K |
| Stock-Based Compensation | $9.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$183.0K |
| Change in Working Capital | $338.0K |
| OPERATING CASH FLOW | $705.0K |
| Capital Expenditure | -$18.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6.0K |
| NET CASH FROM FINANCING | $6.0K |
| FREE CASH FLOW | $687.0K |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $797.0K |
| Other Current Assets | $5.0K |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $654.0K |
| Goodwill | $0 |
| Intangible Assets | $88.0K |
| Long-Term Investments | $0 |
| Tax Assets | $409.0K |
| Other Non-Current Assets | $59.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $9M |
| Account Payables | $189.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $544.0K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $544.0K |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $58M |
| Retained Earnings | -$49M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $14.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $0 |
| Net Debt | -$6M |
