| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59M | $50M | $51M | 17.6% | 13.8% |
| Op. Income | $5M | $20M | $3M | -76.7% | 54.9% |
| Gross Margin | 37.1% | 39.2% | 36.6% | -2.1pp | 0.5pp |
| Net Margin | 4.6% | 4.3% | 4.2% | 0.3pp | 0.4pp |
| EPS (Diluted) | $0.05 | $0.04 | $0.04 | 48.2% | 23.9% |
| Free Cash Flow | -$11M | $0 | -$300.5K | — | -3560.1% |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $3M |
| Operating Expenses | $17M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $5M |
| Interest Income | $1.4K |
| Interest Expense | $28.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$42 |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $4M |
| EBIT | $4M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $3M |
| Operating Expenses | $17M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $5M |
| Interest Income | $1.4K |
| Interest Expense | $28.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$42 |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $4M |
| EBIT | $4M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $6.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $196.5K |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $203.9K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$237.9K |
| NET CASH FROM FINANCING | -$237.9K |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $109M |
| Inventory | $17M |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $175M |
| PP&E (Net) | $77M |
| Goodwill | $155.0K |
| Intangible Assets | $6M |
| Long-Term Investments | $2M |
| Tax Assets | $2M |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $115M |
| TOTAL ASSETS | $290M |
| Account Payables | $88M |
| Short-Term Debt | $45M |
| Deferred Revenue | $17M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $153M |
| Long-Term Debt | $24M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $39M |
| TOTAL LIABILITIES | $192M |
| Common Stock | $16M |
| Additional Paid-In Capital | $199M |
| Retained Earnings | -$121M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $98M |
| Minority Interest | $0 |
| TOTAL EQUITY | $98M |
| TOTAL LIABILITIES & EQUITY | $290M |
| Total Debt | $70M |
| Net Debt | $57M |
