| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50M | $64M | $48M | -22.8% | 2.8% |
| Op. Income | $20M | $5M | $3M | 315.8% | 672.3% |
| Gross Margin | 39.2% | 32.5% | 38.4% | 6.8pp | 0.9pp |
| Net Margin | 4.3% | 4.3% | 3.8% | -0.0pp | 0.5pp |
| EPS (Diluted) | $0.04 | $0.05 | $0.03 | -23.3% | 14.3% |
| Free Cash Flow | $0 | $3M | $0 | -100.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $12M |
| Other Expenses | $8M |
| Operating Expenses | $20M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $4M |
| EBIT | $4M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $12M |
| Other Expenses | $8M |
| Operating Expenses | $20M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $4M |
| EBIT | $4M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | -$21M |
| Short-Term Investments | $42M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$21M |
| TOTAL NON-CURRENT ASSETS | -$21M |
| TOTAL ASSETS | $0 |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $0 |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $96M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $96M |
| Minority Interest | $0 |
| TOTAL EQUITY | $96M |
| TOTAL LIABILITIES & EQUITY | $96M |
| Total Debt | $0 |
| Net Debt | $21M |
