| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $55M | $51M | -6.7% | 1.5% |
| Op. Income | $2M | $2M | $2M | 5.1% | -3.8% |
| Gross Margin | 24.3% | 23.6% | 24.7% | 0.7pp | -0.4pp |
| Net Margin | 2.8% | 1.1% | 2.1% | 1.8pp | 0.8pp |
| EPS (Diluted) | $0.11 | $0.05 | $0.09 | 131.1% | 22.2% |
| Free Cash Flow | -$6M | -$2M | -$7M | -153.4% | 22.9% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | -$465.0K |
| Operating Expenses | $11M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $476.0K |
| Other Income/Expenses | -$465.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | -$274.0K |
| 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 | $397.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | -$465.0K |
| Operating Expenses | $11M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $476.0K |
| Other Income/Expenses | -$465.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | -$274.0K |
| 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 | $397.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $397.0K |
| Stock-Based Compensation | $241.0K |
| Deferred Income Tax | $36.0K |
| Other Non-Cash Items | $59.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$101.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.0K |
| NET CASH FROM INVESTING | -$102.0K |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$79.0K |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $59M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $65M |
| PP&E (Net) | $9M |
| Goodwill | $18M |
| Intangible Assets | $661.0K |
| Long-Term Investments | -$6M |
| Tax Assets | $690.0K |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $93M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $398.0K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $42M |
| TOTAL LIABILITIES | $64M |
| Common Stock | $784.0K |
| Additional Paid-In Capital | $108M |
| Retained Earnings | -$62M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29M |
| Minority Interest | $0 |
| TOTAL EQUITY | $29M |
| TOTAL LIABILITIES & EQUITY | $93M |
| Total Debt | $41M |
| Net Debt | $39M |
