| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $10M | $7M | -31.3% | -5.7% |
| Op. Income | $1M | $2M | $2M | -13.2% | -26.3% |
| Gross Margin | 50.9% | 48.1% | 47.0% | 2.7pp | 3.9pp |
| Net Margin | 15.3% | 11.9% | 24.0% | 3.4pp | -8.7pp |
| EPS (Diluted) | $0.04 | $0.04 | $0.07 | 0.0% | -42.9% |
| Free Cash Flow | -$11M | -$9M | $1M | -26.5% | -942.3% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $251.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $31.0K |
| Other Income/Expenses | $15.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $449.0K |
| 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 | $251.0K |
| EBIT | $2M |
| EBITDA | $2M |
| 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 | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $251.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $31.0K |
| Other Income/Expenses | $15.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $449.0K |
| 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 | $251.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $251.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $613.0K |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$368.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$225.0K |
| NET CASH FROM INVESTING | -$368.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.0K |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $4M |
| Tax Assets | $5M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $23M |
| Account Payables | $620.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $637.0K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $4M |
| Common Stock | $271.0K |
| Additional Paid-In Capital | $8M |
| Retained Earnings | $11M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19M |
| Minority Interest | $0 |
| TOTAL EQUITY | $19M |
| TOTAL LIABILITIES & EQUITY | $23M |
| Total Debt | $3M |
| Net Debt | -$2M |
