| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | $22M | $30M | 37.9% | 1.2% |
| Op. Income | $9M | $6M | $9M | 71.4% | 4.0% |
| Gross Margin | 44.9% | 41.8% | 44.1% | 3.0pp | 0.7pp |
| Net Margin | 17.6% | 11.3% | 15.9% | 6.3pp | 1.7pp |
| EPS (Diluted) | $1.28 | $0.59 | $1.13 | 116.9% | 13.3% |
| Free Cash Flow | -$1M | $4M | -$3M | -131.2% | 61.3% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $21.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $9M |
| Interest Income | $366.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $310.0K |
| EBIT | $10M |
| EBITDA | $10M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $21.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $9M |
| Interest Income | $366.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $310.0K |
| EBIT | $10M |
| EBITDA | $10M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $310.0K |
| Stock-Based Compensation | $28.0K |
| Deferred Income Tax | $220.0K |
| Other Non-Cash Items | $200.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$106.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$106.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$401.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $74M |
| Short-Term Investments | $0 |
| Net Receivables | $15M |
| Inventory | $748.0K |
| Other Current Assets | $563.0K |
| TOTAL CURRENT ASSETS | $90M |
| PP&E (Net) | $12M |
| Goodwill | $95.0K |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $351.0K |
| Other Non-Current Assets | $465.0K |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $105M |
| Account Payables | $6M |
| Short-Term Debt | $1M |
| Deferred Revenue | $484.0K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $153M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $509.0K |
| Other Non-Current Liabilities | -$4M |
| TOTAL NON-CURRENT LIABILITIES | $156M |
| TOTAL LIABILITIES | $170M |
| Common Stock | $94.0K |
| Additional Paid-In Capital | $62M |
| Retained Earnings | -$49M |
| Treasury Stock | -$78M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$65M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$65M |
| TOTAL LIABILITIES & EQUITY | $105M |
| Total Debt | $154M |
| Net Debt | $80M |
