Reported September 30, 2019
| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $40M | $49M | -6.6% | -24.0% |
| Op. Income | $10M | $5M | $26M | 112.1% | -63.9% |
| Gross Margin | 33.0% | 21.2% | 59.2% | 11.9pp | -26.2pp |
| Net Margin | 22.1% | 18.8% | 56.5% | 3.3pp | -34.4pp |
| EPS (Diluted) | $0.15 | $0.13 | $0.48 | 15.4% | -68.7% |
| Free Cash Flow | $8M | $9M | -$3M | -2.1% | 418.2% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $780.3K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $427.1K |
| Operating Expenses | $3M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $10M |
| Interest Income | $97.1K |
| Interest Expense | $259.4K |
| Other Income/Expenses | $248.8K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $780.3K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $427.1K |
| Operating Expenses | $3M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $10M |
| Interest Income | $97.1K |
| Interest Expense | $259.4K |
| Other Income/Expenses | $248.8K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $304.2K |
| Deferred Income Tax | $743.0K |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $548.4K |
| Purchases of Investments | -$420.5K |
| Sales/Maturities of Investments | $71.1K |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $814.1K |
| Net Receivables | $32M |
| Inventory | $37M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $94M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $18M |
| Long-Term Investments | $687.0K |
| Tax Assets | $3M |
| Other Non-Current Assets | $160M |
| TOTAL NON-CURRENT ASSETS | $203M |
| TOTAL ASSETS | $297M |
| Account Payables | $20M |
| Short-Term Debt | $23M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $52M |
| Long-Term Debt | $29M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $56M |
| TOTAL LIABILITIES | $108M |
| Common Stock | $118M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $66M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | $12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $189M |
| Minority Interest | $0 |
| TOTAL EQUITY | $189M |
| TOTAL LIABILITIES & EQUITY | $297M |
| Total Debt | $78M |
| Net Debt | $56M |