| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | $44M | $41M | -13.7% | -8.2% |
| Op. Income | $1M | -$523.0K | -$888.0K | 314.1% | 226.1% |
| Gross Margin | 80.4% | 79.4% | 80.1% | 1.0pp | 0.4pp |
| Net Margin | 1.8% | -3.6% | -0.6% | 5.4pp | 2.4pp |
| EPS (Diluted) | $0.28 | $-0.66 | $-0.10 | 142.4% | 388.4% |
| Free Cash Flow | -$518.0K | -$2M | $693.0K | 77.9% | -174.7% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $23M |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | -$9M |
| Operating Expenses | $29M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $95.0K |
| Other Income/Expenses | -$91.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $341.0K |
| Net Income from Continuing Ops | $688.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $688.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $688.0K |
| D&A | $528.0K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $23M |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | -$9M |
| Operating Expenses | $29M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $95.0K |
| Other Income/Expenses | -$91.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $341.0K |
| Net Income from Continuing Ops | $688.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $688.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $688.0K |
| D&A | $528.0K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $688.0K |
| Depreciation & Amortization | $528.0K |
| Stock-Based Compensation | $388.0K |
| Deferred Income Tax | $200.0K |
| Other Non-Cash Items | $277.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$89.0K |
| Capital Expenditure | -$429.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$429.0K |
| NET CASH FROM INVESTING | -$429.0K |
| Net Debt Issuance | -$247.0K |
| Common Stock Repurchased | -$9.0K |
| Common Dividends Paid | -$303.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$559.0K |
| FREE CASH FLOW | -$518.0K |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $385.0K |
| Inventory | $13M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $200.0K |
| Long-Term Investments | -$200.0K |
| Tax Assets | $2M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $25M |
| TOTAL ASSETS | $65M |
| Account Payables | $6M |
| Short-Term Debt | $975.0K |
| Deferred Revenue | $5M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $756.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.0K |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $40M |
| Common Stock | $0 |
| Additional Paid-In Capital | $34M |
| Retained Earnings | -$2M |
| Treasury Stock | -$10M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26M |
| Minority Interest | $0 |
| TOTAL EQUITY | $26M |
| TOTAL LIABILITIES & EQUITY | $65M |
| Total Debt | $2M |
| Net Debt | -$18M |
