| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | $26M | $25M | -2.9% | 2.7% |
| Op. Income | $5M | $5M | $1M | -12.9% | 312.5% |
| Gross Margin | 54.5% | 61.4% | 58.6% | -6.9pp | -4.1pp |
| Net Margin | 12.0% | 17.5% | 4.0% | -5.5pp | 8.0pp |
| EPS (Diluted) | $0.73 | $1.13 | $0.25 | -35.4% | 192.0% |
| Free Cash Flow | $6M | $498.0K | $3M | 1124.3% | 96.2% |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $14M |
| R&D Expenses | $915.0K |
| Selling & Marketing | $2M |
| General & Administrative | $8M |
| SG&A Expenses | $10M |
| Other Expenses | -$2M |
| Operating Expenses | $9M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$920.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $602.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$110.0K |
| NET INCOME | $3M |
| Net Income Deductions | -$110.0K |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $2M |
| EBIT | $5M |
| EBITDA | $7M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $14M |
| R&D Expenses | $915.0K |
| Selling & Marketing | $2M |
| General & Administrative | $8M |
| SG&A Expenses | $10M |
| Other Expenses | -$2M |
| Operating Expenses | $9M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$920.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $602.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$110.0K |
| NET INCOME | $3M |
| Net Income Deductions | -$110.0K |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $2M |
| EBIT | $5M |
| EBITDA | $7M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$127.0K |
| Other Non-Cash Items | $771.0K |
| Change in Working Capital | -$737.0K |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$317.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$317.0K |
| Net Debt Issuance | $147M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$697.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $232M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $238M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $245M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $7M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $271M |
| PP&E (Net) | $22M |
| Goodwill | $67M |
| Intangible Assets | $32M |
| Long-Term Investments | $0 |
| Tax Assets | $219.0K |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $122M |
| TOTAL ASSETS | $392M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $138M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $485.0K |
| TOTAL NON-CURRENT LIABILITIES | $147M |
| TOTAL LIABILITIES | $163M |
| Common Stock | $152M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $80M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $229M |
| Minority Interest | $0 |
| TOTAL EQUITY | $229M |
| TOTAL LIABILITIES & EQUITY | $392M |
| Total Debt | $138M |
| Net Debt | -$108M |
