| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $4M | 14.1% | -6.7% |
| Op. Income | $1M | $884.4K | $1M | 40.9% | -13.6% |
| Gross Margin | 57.6% | 53.4% | 58.8% | 4.2pp | -1.1pp |
| Net Margin | 37.3% | 20.3% | 30.1% | 17.0pp | 7.1pp |
| EPS (Diluted) | $0.27 | $0.13 | $0.23 | 107.7% | 17.4% |
| Free Cash Flow | $2M | $1M | $2M | 47.0% | -7.6% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $2M |
| R&D Expenses | $98.7K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $547.0K |
| Other Expenses | $0 |
| Operating Expenses | $645.6K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $301.4K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $325.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $42.1K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $2M |
| R&D Expenses | $98.7K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $547.0K |
| Other Expenses | $0 |
| Operating Expenses | $645.6K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $301.4K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $325.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $42.1K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $42.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $10.9K |
| Other Non-Cash Items | -$257.2K |
| Change in Working Capital | $513.2K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$13.0K |
| Acquisitions (Net) | $13.0K |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$13.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$50.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $499.3K |
| Short-Term Investments | $9M |
| Net Receivables | $2M |
| Inventory | $1M |
| Other Current Assets | $227.4K |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $802.5K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $264.4K |
| Other Non-Current Assets | -$238.5K |
| TOTAL NON-CURRENT ASSETS | $828.5K |
| TOTAL ASSETS | $14M |
| Account Payables | $142.5K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $325.2K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $264.4K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $264.4K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $459.4K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $12M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | $0 |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $0 |
| Net Debt | -$499.3K |
