| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $8M | $7M | 12.4% | 15.2% |
| Op. Income | $3M | $2M | $2M | 30.8% | 12.9% |
| Gross Margin | 73.9% | 70.8% | 71.2% | 3.1pp | 2.7pp |
| Net Margin | 24.8% | 20.4% | 47.2% | 4.4pp | -22.5pp |
| EPS (Diluted) | $0.12 | $0.09 | $0.19 | 33.3% | -36.8% |
| Free Cash Flow | $2M | $2M | $771.8K | 12.4% | 219.9% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $6M |
| R&D Expenses | $724.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $3M |
| Interest Income | $5.6K |
| Interest Expense | $38.2K |
| Other Income/Expenses | -$34.5K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $596.2K |
| 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 | $698.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $6M |
| R&D Expenses | $724.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $3M |
| Interest Income | $5.6K |
| Interest Expense | $38.2K |
| Other Income/Expenses | -$34.5K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $596.2K |
| 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 | $698.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $698.0K |
| Stock-Based Compensation | $257.7K |
| Deferred Income Tax | -$107.9K |
| Other Non-Cash Items | $38.2K |
| Change in Working Capital | $90.6K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$607.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$575.2K |
| NET CASH FROM INVESTING | -$607.3K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$878.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $541.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $518.5K |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $303.0K |
| Goodwill | $10M |
| Intangible Assets | $14M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $37.2K |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $43M |
| Account Payables | $289.8K |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $7.5K |
| Additional Paid-In Capital | $14M |
| Retained Earnings | $19M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34M |
| Minority Interest | $0 |
| TOTAL EQUITY | $34M |
| TOTAL LIABILITIES & EQUITY | $43M |
| Total Debt | $0 |
| Net Debt | -$10M |
