| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $11M | $11M | 10.4% | 8.0% |
| Op. Income | $4M | $4M | $5M | 9.2% | -11.4% |
| Gross Margin | 63.3% | 63.1% | 63.7% | 0.2pp | -0.4pp |
| Net Margin | 29.8% | 29.2% | 39.3% | 0.5pp | -9.5pp |
| EPS (Diluted) | $0.94 | $0.84 | $1.15 | 11.9% | -18.3% |
| Free Cash Flow | $2M | -$18M | $4M | 108.9% | -60.4% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $8M |
| R&D Expenses | $113.0K |
| 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 | $84.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| 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 | $2M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $8M |
| R&D Expenses | $113.0K |
| 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 | $84.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| 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 | $2M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $28.0K |
| Deferred Income Tax | -$136.0K |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$118.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$118.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$398.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $74.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $215.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $8M |
| Other Current Assets | $398.0K |
| TOTAL CURRENT ASSETS | $46M |
| PP&E (Net) | $11M |
| Goodwill | $14M |
| Intangible Assets | $33M |
| Long-Term Investments | $0 |
| Tax Assets | $453.0K |
| Other Non-Current Assets | -$453.0K |
| TOTAL NON-CURRENT ASSETS | $57M |
| TOTAL ASSETS | $103M |
| Account Payables | $854.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $38.0K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $453.0K |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $37.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $105M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $94M |
| Minority Interest | $0 |
| TOTAL EQUITY | $94M |
| TOTAL LIABILITIES & EQUITY | $103M |
| Total Debt | $395.0K |
| Net Debt | -$32M |
