| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36M | $37M | $33M | -1.3% | 8.1% |
| Op. Income | $2M | $3M | $2M | -19.0% | -3.2% |
| Gross Margin | 17.9% | 19.6% | 19.9% | -1.8pp | -2.0pp |
| Net Margin | 6.1% | 7.0% | -4.0% | -1.0pp | 10.0pp |
| EPS (Diluted) | $0.31 | $0.37 | $-0.20 | -16.2% | 255.0% |
| Free Cash Flow | $2M | $4M | $1M | -60.1% | 30.5% |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | -$14.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $2M |
| Interest Income | $529.0K |
| Interest Expense | $9.0K |
| Other Income/Expenses | $543.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $569.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $805.0K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | -$14.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $2M |
| Interest Income | $529.0K |
| Interest Expense | $9.0K |
| Other Income/Expenses | $543.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $569.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $805.0K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $805.0K |
| Stock-Based Compensation | $400.0K |
| Deferred Income Tax | $13.0K |
| Other Non-Cash Items | $245.0K |
| Change in Working Capital | -$203.0K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$366.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$424.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.0K |
| NET CASH FROM FINANCING | -$423.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $23M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $71M |
| PP&E (Net) | $20M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $906.0K |
| Other Non-Current Assets | $439.0K |
| TOTAL NON-CURRENT ASSETS | $22M |
| TOTAL ASSETS | $93M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $906.0K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $18M |
| Common Stock | $85.0K |
| Additional Paid-In Capital | $26M |
| Retained Earnings | $56M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | $657.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $75M |
| Minority Interest | $0 |
| TOTAL EQUITY | $75M |
| TOTAL LIABILITIES & EQUITY | $93M |
| Total Debt | $0 |
| Net Debt | -$30M |
