| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $51M | $48M | $47M | 6.3% | 10.2% |
| Op. Income | $3M | $3M | $3M | 16.1% | 15.7% |
| Gross Margin | 36.6% | 38.4% | 36.5% | -1.7pp | 0.1pp |
| Net Margin | 4.2% | 3.8% | 3.6% | 0.4pp | 0.6pp |
| EPS (Diluted) | $0.04 | $0.03 | $0.04 | 36.7% | 19.6% |
| Free Cash Flow | -$300.2K | $0 | $3M | — | -110.5% |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $5M |
| Operating Expenses | $16M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $3M |
| Interest Income | $66.5K |
| Interest Expense | $774.3K |
| Other Income/Expenses | -$782.5K |
| 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 | $6M |
| EBIT | $3M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $5M |
| Operating Expenses | $16M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $3M |
| Interest Income | $66.5K |
| Interest Expense | $774.3K |
| Other Income/Expenses | -$782.5K |
| 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 | $6M |
| EBIT | $3M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $36.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $372.3K |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$300.2K |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $0 |
| Net Receivables | $74M |
| Inventory | $12M |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $136M |
| PP&E (Net) | $70M |
| Goodwill | $154.8K |
| Intangible Assets | $6M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $102M |
| TOTAL ASSETS | $238M |
| Account Payables | $66M |
| Short-Term Debt | $43M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $121M |
| Long-Term Debt | $17M |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $28M |
| TOTAL LIABILITIES | $149M |
| Common Stock | $16M |
| Additional Paid-In Capital | $198M |
| Retained Earnings | -$128M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $346.2K |
| Other Equity | $3M |
| TOTAL STOCKHOLDERS' EQUITY | $90M |
| Minority Interest | $0 |
| TOTAL EQUITY | $90M |
| TOTAL LIABILITIES & EQUITY | $238M |
| Total Debt | $63M |
| Net Debt | $40M |
