| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | $18M | $18M | 10.6% | 9.3% |
| Op. Income | $593.0K | $209.0K | $226.0K | 183.7% | 162.4% |
| Gross Margin | 16.5% | 15.0% | 13.9% | 1.4pp | 2.5pp |
| Net Margin | 2.9% | 2.0% | 1.4% | 0.9pp | 1.5pp |
| EPS (Diluted) | $0.02 | $0.01 | $0.02 | 100.0% | 0.0% |
| Free Cash Flow | -$10M | -$13M | -$3M | 23.1% | -299.0% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $593.0K |
| Interest Income | $0 |
| Interest Expense | $4.0K |
| Other Income/Expenses | $177.0K |
| INCOME BEFORE TAX | $770.0K |
| Income Tax Expense | $197.0K |
| Net Income from Continuing Ops | $327.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $246.0K |
| NET INCOME | $573.0K |
| Net Income Deductions | $246.0K |
| BOTTOM LINE NET INCOME | $327.0K |
| D&A | $6M |
| EBIT | $774.0K |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $593.0K |
| Interest Income | $0 |
| Interest Expense | $4.0K |
| Other Income/Expenses | $177.0K |
| INCOME BEFORE TAX | $770.0K |
| Income Tax Expense | $197.0K |
| Net Income from Continuing Ops | $327.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $246.0K |
| NET INCOME | $573.0K |
| Net Income Deductions | $246.0K |
| BOTTOM LINE NET INCOME | $327.0K |
| D&A | $6M |
| EBIT | $774.0K |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $573.0K |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $642.0K |
| Deferred Income Tax | $199.0K |
| Other Non-Cash Items | -$2.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$56.0K |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$50.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$46.0K |
| NET CASH FROM FINANCING | -$46.0K |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $30M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $77M |
| PP&E (Net) | $211M |
| Goodwill | $10M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $228M |
| TOTAL ASSETS | $305M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $113.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $417.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $33M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $35M |
| TOTAL LIABILITIES | $42M |
| Common Stock | $131.0K |
| Additional Paid-In Capital | $109M |
| Retained Earnings | $153M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $263M |
| Minority Interest | $0 |
| TOTAL EQUITY | $263M |
| TOTAL LIABILITIES & EQUITY | $305M |
| Total Debt | $911.0K |
| Net Debt | -$29M |
