| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | $31M | $28M | -0.2% | 12.1% |
| Op. Income | $10M | $11M | $8M | -5.2% | 30.9% |
| Gross Margin | 63.4% | 63.0% | 60.8% | 0.4pp | 2.6pp |
| Net Margin | 23.5% | 25.9% | 28.3% | -2.5pp | -4.8pp |
| EPS (Diluted) | $0.29 | $0.32 | $0.28 | -9.4% | 3.6% |
| Free Cash Flow | $8M | $6M | $9M | 24.2% | -11.8% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | -$139.0K |
| Operating Expenses | $10M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $10M |
| Interest Income | $8.0K |
| Interest Expense | $533.0K |
| Other Income/Expenses | -$664.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $1M |
| EBIT | $10M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | -$139.0K |
| Operating Expenses | $10M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $10M |
| Interest Income | $8.0K |
| Interest Expense | $533.0K |
| Other Income/Expenses | -$664.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $1M |
| EBIT | $10M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $307.0K |
| Deferred Income Tax | $497.0K |
| Other Non-Cash Items | -$231.0K |
| Change in Working Capital | -$600.0K |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $16M |
| Inventory | $3M |
| Other Current Assets | $218.0K |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $16M |
| Goodwill | $58M |
| Intangible Assets | $2M |
| Long-Term Investments | -$3M |
| Tax Assets | $7M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $81M |
| TOTAL ASSETS | $104M |
| Account Payables | $1M |
| Short-Term Debt | $5M |
| Deferred Revenue | $17M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $32M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $309.0K |
| TOTAL NON-CURRENT LIABILITIES | $41M |
| TOTAL LIABILITIES | $78M |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $159M |
| Retained Earnings | -$100M |
| Treasury Stock | -$30M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26M |
| Minority Interest | $0 |
| TOTAL EQUITY | $26M |
| TOTAL LIABILITIES & EQUITY | $104M |
| Total Debt | $37M |
| Net Debt | $33M |
