| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | $30M | $31M | 14.4% | 8.9% |
| Op. Income | $6M | $4M | $6M | 39.2% | -4.8% |
| Gross Margin | 76.8% | 76.6% | 77.4% | 0.2pp | -0.6pp |
| Net Margin | 12.1% | 11.0% | 14.0% | 1.1pp | -1.9pp |
| EPS (Diluted) | $0.15 | $0.12 | $0.15 | 25.0% | 0.0% |
| Free Cash Flow | $7M | $8M | $6M | -6.3% | 35.3% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $26M |
| R&D Expenses | $2M |
| Selling & Marketing | $14M |
| General & Administrative | $3M |
| SG&A Expenses | $17M |
| Other Expenses | $1M |
| Operating Expenses | $20M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $253.0K |
| Other Income/Expenses | -$253.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| 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 | $1M |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $26M |
| R&D Expenses | $2M |
| Selling & Marketing | $14M |
| General & Administrative | $3M |
| SG&A Expenses | $17M |
| Other Expenses | $1M |
| Operating Expenses | $20M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $253.0K |
| Other Income/Expenses | -$253.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| 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 | $1M |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $282.0K |
| Other Non-Cash Items | $159.0K |
| Change in Working Capital | -$541.0K |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$312.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $0 |
| Net Receivables | $27M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $74M |
| PP&E (Net) | $38M |
| Goodwill | $94M |
| Intangible Assets | $780.0K |
| Long-Term Investments | $0 |
| Tax Assets | $405.0K |
| Other Non-Current Assets | $945.0K |
| TOTAL NON-CURRENT ASSETS | $134M |
| TOTAL ASSETS | $208M |
| Account Payables | $1M |
| Short-Term Debt | $4M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $785.0K |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $51M |
| Deferred Revenue NC | -$388.0K |
| Deferred Tax Liabilities | $388.0K |
| Other Non-Current Liabilities | -$28M |
| TOTAL NON-CURRENT LIABILITIES | $52M |
| TOTAL LIABILITIES | $67M |
| Common Stock | $54.0K |
| Additional Paid-In Capital | $313M |
| Retained Earnings | $11M |
| Treasury Stock | -$183M |
| Accum. Other Comp. Income | -$232.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $141M |
| Minority Interest | $0 |
| TOTAL EQUITY | $141M |
| TOTAL LIABILITIES & EQUITY | $208M |
| Total Debt | $55M |
| Net Debt | $11M |
