| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47M | $53M | $52M | -11.7% | -10.0% |
| Op. Income | $2M | $2M | $4M | -2.1% | -49.8% |
| Gross Margin | 39.7% | 36.4% | 37.7% | 3.4pp | 2.0pp |
| Net Margin | 1.0% | 2.9% | 3.7% | -1.9pp | -2.7pp |
| EPS (Diluted) | $0.13 | $0.41 | $0.50 | -68.3% | -74.0% |
| Free Cash Flow | -$2M | $8M | -$1M | -122.7% | -27.4% |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $165.0K |
| Operating Expenses | $17M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $675.3K |
| Income Tax Expense | $201.9K |
| Net Income from Continuing Ops | $473.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $473.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $473.0K |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $165.0K |
| Operating Expenses | $17M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $675.3K |
| Income Tax Expense | $201.9K |
| Net Income from Continuing Ops | $473.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $473.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $473.0K |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $473.4K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $31.6K |
| Deferred Income Tax | $161.9K |
| Other Non-Cash Items | -$38.1K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$488.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$21.0K |
| NET CASH FROM INVESTING | -$488.6K |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | -$302.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $622 |
| NET CASH FROM FINANCING | $841.2K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$159.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $43M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $62M |
| PP&E (Net) | $24M |
| Goodwill | $37M |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $260.2K |
| TOTAL NON-CURRENT ASSETS | $69M |
| TOTAL ASSETS | $132M |
| Account Payables | $12M |
| Short-Term Debt | $12M |
| Deferred Revenue | $995.6K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $57M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $828.9K |
| TOTAL NON-CURRENT LIABILITIES | $58M |
| TOTAL LIABILITIES | $91M |
| Common Stock | $2.1K |
| Additional Paid-In Capital | $64M |
| Retained Earnings | -$21M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $41M |
| Minority Interest | $0 |
| TOTAL EQUITY | $41M |
| TOTAL LIABILITIES & EQUITY | $132M |
| Total Debt | $69M |
| Net Debt | $66M |
