| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $46M | $30M | -33.6% | 2.4% |
| Op. Income | $4M | $11M | -$1M | -66.6% | 380.1% |
| Gross Margin | 33.7% | 39.8% | 15.4% | -6.1pp | 18.3pp |
| Net Margin | 12.0% | 21.7% | -4.9% | -9.6pp | 16.9pp |
| EPS (Diluted) | $0.48 | $1.29 | $-0.19 | -62.8% | 352.6% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $10M |
| R&D Expenses | $4M |
| Selling & Marketing | $2M |
| General & Administrative | $1M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $4M |
| Interest Income | $295.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $295.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $363.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $814.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $10M |
| R&D Expenses | $4M |
| Selling & Marketing | $2M |
| General & Administrative | $1M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $4M |
| Interest Income | $295.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $295.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $363.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $814.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| 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 | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $8M |
| Net Receivables | $30M |
| Inventory | $37M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $93M |
| PP&E (Net) | $7M |
| Goodwill | $26M |
| Intangible Assets | $1M |
| Long-Term Investments | $55M |
| Tax Assets | $2M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $92M |
| TOTAL ASSETS | $186M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | -$1M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $55M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $107M |
| Treasury Stock | -$38.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $162M |
| Minority Interest | $0 |
| TOTAL EQUITY | $162M |
| TOTAL LIABILITIES & EQUITY | $186M |
| Total Debt | $4M |
| Net Debt | -$15M |
