| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $10M | $11M | 10.0% | -1.4% |
| Op. Income | $4M | $4M | $5M | -3.9% | -17.5% |
| Gross Margin | 63.1% | 62.6% | 63.6% | 0.5pp | -0.5pp |
| Net Margin | 29.2% | 34.8% | 37.6% | -5.5pp | -8.3pp |
| EPS (Diluted) | $0.84 | $0.91 | $1.09 | -7.7% | -22.9% |
| Free Cash Flow | -$18M | $4M | $4M | -507.1% | -591.3% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $7M |
| R&D Expenses | $115.0K |
| Selling & Marketing | $3M |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $36.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $998.0K |
| 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 | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $7M |
| R&D Expenses | $115.0K |
| Selling & Marketing | $3M |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $36.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $998.0K |
| 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 | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $28.0K |
| Deferred Income Tax | -$142.0K |
| Other Non-Cash Items | $13.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$21M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $97.0K |
| NET CASH FROM FINANCING | -$930.0K |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $8M |
| Other Current Assets | $446.0K |
| TOTAL CURRENT ASSETS | $46M |
| PP&E (Net) | $11M |
| Goodwill | $14M |
| Intangible Assets | $35M |
| Long-Term Investments | $0 |
| Tax Assets | $491.0K |
| Other Non-Current Assets | -$491.0K |
| TOTAL NON-CURRENT ASSETS | $59M |
| TOTAL ASSETS | $105M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $37.0K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $13M |
| Common Stock | $37.0K |
| Additional Paid-In Capital | $246.0K |
| Retained Earnings | $102M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $92M |
| Minority Interest | $0 |
| TOTAL EQUITY | $92M |
| TOTAL LIABILITIES & EQUITY | $105M |
| Total Debt | $405.0K |
| Net Debt | -$32M |
