| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $32M | $27M | -5.8% | 9.8% |
| Op. Income | $4M | $4M | $3M | 2.9% | 68.7% |
| Gross Margin | 76.6% | 75.9% | 75.4% | 0.7pp | 1.2pp |
| Net Margin | 11.0% | 8.4% | 7.7% | 2.6pp | 3.3pp |
| EPS (Diluted) | $0.12 | $0.09 | $0.07 | 33.3% | 71.4% |
| Free Cash Flow | $8M | $6M | $1M | 34.3% | 565.9% |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $23M |
| R&D Expenses | $2M |
| Selling & Marketing | $12M |
| General & Administrative | $3M |
| SG&A Expenses | $15M |
| Other Expenses | $1M |
| Operating Expenses | $19M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $137.0K |
| Other Income/Expenses | -$137.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $948.0K |
| 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 | $1M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $23M |
| R&D Expenses | $2M |
| Selling & Marketing | $12M |
| General & Administrative | $3M |
| SG&A Expenses | $15M |
| Other Expenses | $1M |
| Operating Expenses | $19M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $137.0K |
| Other Income/Expenses | -$137.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $948.0K |
| 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 | $1M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$362.0K |
| Other Non-Cash Items | $212.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $500.0K |
| Other Investing Activities | $500.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$313.0K |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$845.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $0 |
| Net Receivables | $25M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $68M |
| PP&E (Net) | $39M |
| Goodwill | $94M |
| Intangible Assets | $809.0K |
| Long-Term Investments | $0 |
| Tax Assets | $307.0K |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $134M |
| TOTAL ASSETS | $203M |
| Account Payables | $2M |
| Short-Term Debt | $4M |
| Deferred Revenue | $6M |
| Other Current Liabilities | -$52.0K |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $52M |
| Deferred Revenue NC | -$544.0K |
| Deferred Tax Liabilities | $544.0K |
| Other Non-Current Liabilities | -$29M |
| TOTAL NON-CURRENT LIABILITIES | $53M |
| TOTAL LIABILITIES | $67M |
| Common Stock | $54.0K |
| Additional Paid-In Capital | $309M |
| Retained Earnings | $7M |
| Treasury Stock | -$181M |
| Accum. Other Comp. Income | -$174.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $135M |
| Minority Interest | $0 |
| TOTAL EQUITY | $135M |
| TOTAL LIABILITIES & EQUITY | $203M |
| Total Debt | $56M |
| Net Debt | $17M |
