| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $7M | $6M | 4.1% | 28.9% |
| Op. Income | $2M | $3M | $2M | -5.7% | 34.7% |
| Gross Margin | 71.2% | 75.4% | 72.8% | -4.2pp | -1.5pp |
| Net Margin | 47.2% | 24.3% | 21.0% | 23.0pp | 26.3pp |
| EPS (Diluted) | $0.19 | $0.10 | $0.07 | 90.0% | 171.4% |
| Free Cash Flow | $771.8K | $2M | -$615.4K | -63.0% | 225.4% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $5M |
| R&D Expenses | $484.3K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $2M |
| Interest Income | $6.2K |
| Interest Expense | $38.2K |
| Other Income/Expenses | -$32.6K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$1M |
| 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 | $689.7K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $5M |
| R&D Expenses | $484.3K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $2M |
| Interest Income | $6.2K |
| Interest Expense | $38.2K |
| Other Income/Expenses | -$32.6K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$1M |
| 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 | $689.7K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $689.7K |
| Stock-Based Compensation | $215.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $1.4K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$657.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$640.4K |
| NET CASH FROM INVESTING | -$657.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $142.3K |
| NET CASH FROM FINANCING | -$896.8K |
| FREE CASH FLOW | $771.8K |
| Net Change in Cash | -$125.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $136.3K |
| Other Current Assets | $436.7K |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $288.7K |
| Goodwill | $10M |
| Intangible Assets | $15M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $37.2K |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $41M |
| Account Payables | $164.9K |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $12M |
| Common Stock | $7.3K |
| Additional Paid-In Capital | $13M |
| Retained Earnings | $17M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29M |
| Minority Interest | $0 |
| TOTAL EQUITY | $29M |
| TOTAL LIABILITIES & EQUITY | $41M |
| Total Debt | $0 |
| Net Debt | -$7M |
