| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $27M | $23M | -6.5% | 10.9% |
| Op. Income | $5M | $7M | $2M | -28.3% | 140.4% |
| Gross Margin | 60.0% | 59.6% | 55.9% | 0.4pp | 4.1pp |
| Net Margin | 16.8% | 15.8% | 6.7% | 1.0pp | 10.1pp |
| EPS (Diluted) | $1.06 | $1.08 | $0.39 | -1.9% | 171.8% |
| Free Cash Flow | $6M | $9M | $1M | -33.5% | 430.9% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $15M |
| R&D Expenses | $837.0K |
| Selling & Marketing | $2M |
| General & Administrative | $8M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$364.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $170.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $2M |
| EBIT | $5M |
| EBITDA | $7M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $15M |
| R&D Expenses | $837.0K |
| Selling & Marketing | $2M |
| General & Administrative | $8M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$364.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $170.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $2M |
| EBIT | $5M |
| EBITDA | $7M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $739.0K |
| Deferred Income Tax | -$93.0K |
| Other Non-Cash Items | -$221.0K |
| Change in Working Capital | -$567.0K |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$300.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$300.0K |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$610.0K |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $9M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $23M |
| Goodwill | $65M |
| Intangible Assets | $40M |
| Long-Term Investments | -$121.0K |
| Tax Assets | $121.0K |
| Other Non-Current Assets | $121.0K |
| TOTAL NON-CURRENT ASSETS | $129M |
| TOTAL ASSETS | $161M |
| Account Payables | $3M |
| Short-Term Debt | $2M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $38M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $184.0K |
| TOTAL NON-CURRENT LIABILITIES | $40M |
| TOTAL LIABILITIES | $56M |
| Common Stock | $34M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $72M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$748.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $105M |
| Minority Interest | $0 |
| TOTAL EQUITY | $105M |
| TOTAL LIABILITIES & EQUITY | $161M |
| Total Debt | $39M |
| Net Debt | $32M |
