Reported September 30, 2018
| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $30M | $17M | 64.2% | 185.3% |
| Op. Income | $26M | $8M | $5M | 214.9% | 464.6% |
| Gross Margin | 59.2% | 41.6% | 37.9% | 17.6pp | 21.3pp |
| Net Margin | 56.5% | 27.7% | 23.8% | 28.9pp | 32.8pp |
| EPS (Diluted) | $0.48 | $0.15 | $0.07 | 233.3% | 585.7% |
| Free Cash Flow | -$3M | $1M | $418.8K | -348.7% | -724.9% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $236.5K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $445.8K |
| Operating Expenses | $2M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $26M |
| Interest Income | $110.7K |
| Interest Expense | $270.2K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $2M |
| EBIT | $31M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $236.5K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $445.8K |
| Operating Expenses | $2M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $26M |
| Interest Income | $110.7K |
| Interest Expense | $270.2K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $2M |
| EBIT | $31M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $106.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$28M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | $333.6K |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$71.9K |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $5M |
| Net Receivables | $23M |
| Inventory | $38M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $80M |
| PP&E (Net) | $17M |
| Goodwill | $0 |
| Intangible Assets | $265.5K |
| Long-Term Investments | $17.9K |
| Tax Assets | $10.3K |
| Other Non-Current Assets | $165M |
| TOTAL NON-CURRENT ASSETS | $182M |
| TOTAL ASSETS | $262M |
| Account Payables | $21M |
| Short-Term Debt | $9M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $36M |
| Long-Term Debt | $37M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $45M |
| TOTAL LIABILITIES | $81M |
| Common Stock | $118M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $61M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $181M |
| Minority Interest | $0 |
| TOTAL EQUITY | $181M |
| TOTAL LIABILITIES & EQUITY | $262M |
| Total Debt | $50M |
| Net Debt | $36M |