| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $83M | $80M | $81M | 3.5% | 2.3% |
| Op. Income | -$7M | -$11M | -$4M | 34.8% | -99.9% |
| Gross Margin | 44.9% | 40.2% | 45.7% | 4.7pp | -0.8pp |
| Net Margin | -9.3% | -13.7% | -1.4% | 4.4pp | -7.9pp |
| EPS (Diluted) | $-0.30 | $-0.44 | $-0.05 | 31.8% | -560.8% |
| Free Cash Flow | $2M | $5M | -$5M | -69.9% | 131.5% |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $11M |
| General & Administrative | $34M |
| SG&A Expenses | $44M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $90M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $411.0K |
| Other Income/Expenses | -$379.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $133.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $4M |
| EBIT | -$7M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $694.0K |
| Deferred Income Tax | $240.0K |
| Other Non-Cash Items | $479.0K |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $64.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$310.0K |
| Common Stock Repurchased | -$118.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$118.0K |
| NET CASH FROM FINANCING | -$428.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $0 |
| Net Receivables | $16M |
| Inventory | $26M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $108M |
| PP&E (Net) | $113M |
| Goodwill | $8M |
| Intangible Assets | $0 |
| Long-Term Investments | $4M |
| Tax Assets | -$4M |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $163M |
| TOTAL ASSETS | $271M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $41M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $91M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $329.0K |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $62M |
| TOTAL LIABILITIES | $153M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $256M |
| Retained Earnings | -$41M |
| Treasury Stock | -$97M |
| Accum. Other Comp. Income | -$197M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $118M |
| Minority Interest | $0 |
| TOTAL EQUITY | $118M |
| TOTAL LIABILITIES & EQUITY | $271M |
| Total Debt | $42M |
| Net Debt | -$17M |
