| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $31M | $29M | -2.6% | 1.4% |
| Op. Income | $7M | $9M | $8M | -22.0% | -13.1% |
| Gross Margin | 37.9% | 44.9% | 41.8% | -7.0pp | -3.9pp |
| Net Margin | 12.3% | 17.6% | 15.3% | -5.3pp | -3.0pp |
| EPS (Diluted) | $0.87 | $1.28 | $1.06 | -32.0% | -17.9% |
| Free Cash Flow | $7M | -$1M | $13M | 717.8% | -44.5% |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $20.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $7M |
| Interest Income | $370.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| 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 | $337.0K |
| EBIT | $8M |
| EBITDA | $8M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $20.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $7M |
| Interest Income | $370.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| 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 | $337.0K |
| EBIT | $8M |
| EBITDA | $8M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $337.0K |
| Stock-Based Compensation | $30.0K |
| Deferred Income Tax | -$8.0K |
| Other Non-Cash Items | $171.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$76.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$76.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$8.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$8.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $615.0K |
| Other Current Assets | $501.0K |
| TOTAL CURRENT ASSETS | $93M |
| PP&E (Net) | $12M |
| Goodwill | $95.0K |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $359.0K |
| Other Non-Current Assets | $460.0K |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $107M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $256.0K |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $153M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $537.0K |
| Other Non-Current Liabilities | -$4M |
| TOTAL NON-CURRENT LIABILITIES | $156M |
| TOTAL LIABILITIES | $170M |
| Common Stock | $94.0K |
| Additional Paid-In Capital | $62M |
| Retained Earnings | -$47M |
| Treasury Stock | -$78M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$63M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$63M |
| TOTAL LIABILITIES & EQUITY | $107M |
| Total Debt | $154M |
| Net Debt | $75M |
