| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $7M | $5M | 5.7% | 55.2% |
| Op. Income | $736.4K | $589.5K | $418.1K | 24.9% | 76.2% |
| Gross Margin | 52.0% | 50.8% | 48.0% | 1.2pp | 4.1pp |
| Net Margin | 12.0% | 9.4% | 8.8% | 2.7pp | 3.2pp |
| EPS (Diluted) | $0.02 | $0.01 | $0.01 | 44.9% | 100.0% |
| Free Cash Flow | $19M | $7M | $1M | 181.0% | 1364.0% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $333.8K |
| Operating Expenses | $3M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $736.4K |
| Interest Income | $119.2K |
| Interest Expense | $0 |
| Other Income/Expenses | $119.2K |
| INCOME BEFORE TAX | $855.6K |
| Income Tax Expense | -$15.5K |
| Net Income from Continuing Ops | $871.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $871.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $871.7K |
| D&A | $333.8K |
| EBIT | $855.6K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $333.8K |
| Operating Expenses | $3M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $736.4K |
| Interest Income | $119.2K |
| Interest Expense | $0 |
| Other Income/Expenses | $119.2K |
| INCOME BEFORE TAX | $855.6K |
| Income Tax Expense | -$15.5K |
| Net Income from Continuing Ops | $871.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $871.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $871.7K |
| D&A | $333.8K |
| EBIT | $855.6K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $871.7K |
| Depreciation & Amortization | $333.8K |
| Stock-Based Compensation | $646.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$564 |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$559.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$364.0K |
| NET CASH FROM INVESTING | -$559.4K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $667.9K |
| Inventory | $46M |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $53M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $56M |
| Account Payables | $579.1K |
| Short-Term Debt | $0 |
| Deferred Revenue | $45M |
| Other Current Liabilities | $45M |
| TOTAL CURRENT LIABILITIES | $46M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $45M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$45M |
| TOTAL NON-CURRENT LIABILITIES | $45M |
| TOTAL LIABILITIES | $46M |
| Common Stock | $46.7K |
| Additional Paid-In Capital | $9M |
| Retained Earnings | $1M |
| Treasury Stock | -$150.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | -$207.5K |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $56M |
| Total Debt | $0 |
| Net Debt | -$5M |
