| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | $35M | $35M | 9.1% | 7.1% |
| Op. Income | $6M | $4M | $5M | 51.0% | 32.7% |
| Gross Margin | 77.0% | 19.1% | 19.9% | 57.9pp | 57.1pp |
| Net Margin | 13.6% | 12.2% | 12.1% | 1.4pp | 1.5pp |
| EPS (Diluted) | $0.18 | $0.15 | $0.15 | 20.0% | 20.0% |
| Free Cash Flow | $2M | -$15M | -$1M | 111.8% | 262.7% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $6M |
| Interest Income | $492.0K |
| Interest Expense | $62.0K |
| Other Income/Expenses | $430.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $4M |
| EBIT | $7M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $6M |
| Interest Income | $492.0K |
| Interest Expense | $62.0K |
| Other Income/Expenses | $430.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $4M |
| EBIT | $7M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $309.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $390.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $142.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$52.0K |
| Common Dividends Paid | -$757.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$809.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $0 |
| Net Receivables | $23M |
| Inventory | $13M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $105M |
| PP&E (Net) | $145M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $150M |
| TOTAL ASSETS | $255M |
| Account Payables | $6M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $661.0K |
| Additional Paid-In Capital | $26M |
| Retained Earnings | $255M |
| Treasury Stock | -$54M |
| Accum. Other Comp. Income | -$33.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $228M |
| Minority Interest | $0 |
| TOTAL EQUITY | $228M |
| TOTAL LIABILITIES & EQUITY | $255M |
| Total Debt | $4M |
| Net Debt | -$64M |
