| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $87M | $67M | $80M | 29.8% | 9.7% |
| Op. Income | $16M | $14M | $14M | 12.5% | 9.3% |
| Gross Margin | 34.3% | 37.0% | 34.5% | -2.7pp | -0.2pp |
| Net Margin | 14.4% | 15.1% | 11.6% | -0.7pp | 2.8pp |
| EPS (Diluted) | $0.62 | $0.50 | $0.45 | 24.0% | 37.8% |
| Free Cash Flow | $22M | $2M | $14M | 937.1% | 56.8% |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $30M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $7M |
| SG&A Expenses | $14M |
| Other Expenses | $556.0K |
| Operating Expenses | $14M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $16M |
| Interest Income | $379.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $696.0K |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $556.0K |
| EBIT | $16M |
| EBITDA | $16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $30M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $7M |
| SG&A Expenses | $14M |
| Other Expenses | $556.0K |
| Operating Expenses | $14M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $16M |
| Interest Income | $379.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $696.0K |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $556.0K |
| EBIT | $16M |
| EBITDA | $16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $556.0K |
| Stock-Based Compensation | $719.0K |
| Deferred Income Tax | -$165.0K |
| Other Non-Cash Items | $32.0K |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$306.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$306.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $95M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $25M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $123M |
| PP&E (Net) | $28M |
| Goodwill | $0 |
| Intangible Assets | $860.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $29M |
| TOTAL ASSETS | $153M |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $28M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $831.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $831.0K |
| TOTAL LIABILITIES | $29M |
| Common Stock | $21.0K |
| Additional Paid-In Capital | $10M |
| Retained Earnings | $114M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $124M |
| Minority Interest | $0 |
| TOTAL EQUITY | $124M |
| TOTAL LIABILITIES & EQUITY | $153M |
| Total Debt | $0 |
| Net Debt | -$95M |
