| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27M | $28M | $31M | -0.7% | -12.9% |
| Op. Income | $234.0K | $3M | $3M | -91.0% | -93.1% |
| Gross Margin | 23.1% | 26.8% | 27.9% | -3.7pp | -4.8pp |
| Net Margin | 5.1% | 9.0% | 9.4% | -3.9pp | -4.3pp |
| EPS (Diluted) | $0.07 | $0.12 | $0.15 | -41.7% | -53.3% |
| Free Cash Flow | $2M | $2M | $8M | -0.3% | -70.8% |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $234.0K |
| Interest Income | $749.0K |
| Interest Expense | $510.0K |
| Other Income/Expenses | $616.0K |
| INCOME BEFORE TAX | $473.0K |
| Income Tax Expense | -$921.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $807.0K |
| EBIT | -$143.0K |
| EBITDA | $664.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $234.0K |
| Interest Income | $749.0K |
| Interest Expense | $510.0K |
| Other Income/Expenses | $616.0K |
| INCOME BEFORE TAX | $473.0K |
| Income Tax Expense | -$921.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $807.0K |
| EBIT | -$143.0K |
| EBITDA | $664.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $807.0K |
| Stock-Based Compensation | $240.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $44.0K |
| Change in Working Capital | $65.0K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$105.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$76M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | -$55M |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | -$750.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $6.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $190M |
| Net Receivables | $18M |
| Inventory | $11M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $269M |
| PP&E (Net) | $18M |
| Goodwill | $0 |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $39M |
| TOTAL ASSETS | $308M |
| Account Payables | $4M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $68M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $42M |
| Other Non-Current Liabilities | $353.0K |
| TOTAL NON-CURRENT LIABILITIES | $110M |
| TOTAL LIABILITIES | $125M |
| Common Stock | $2M |
| Additional Paid-In Capital | $168M |
| Retained Earnings | $26M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | $836.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $182M |
| Minority Interest | $0 |
| TOTAL EQUITY | $182M |
| TOTAL LIABILITIES & EQUITY | $308M |
| Total Debt | $71M |
| Net Debt | $24M |
