| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $41M | $38M | 0.4% | 8.6% |
| Op. Income | $7M | $6M | $4M | 16.1% | 93.8% |
| Gross Margin | 64.9% | 67.8% | 59.4% | -2.9pp | 5.6pp |
| Net Margin | 13.9% | 18.8% | 4.5% | -4.9pp | 9.4pp |
| EPS (Diluted) | $0.12 | $0.16 | $0.05 | -28.6% | 150.0% |
| Free Cash Flow | $5M | $4M | $5M | 43.0% | 11.3% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $26M |
| R&D Expenses | $7M |
| Selling & Marketing | $7M |
| General & Administrative | $5M |
| SG&A Expenses | $12M |
| Other Expenses | -$59.6K |
| Operating Expenses | $19M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $7M |
| Interest Income | $1M |
| Interest Expense | $866.4K |
| Other Income/Expenses | $546.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $2M |
| EBIT | $7M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $26M |
| R&D Expenses | $7M |
| Selling & Marketing | $7M |
| General & Administrative | $5M |
| SG&A Expenses | $12M |
| Other Expenses | -$59.6K |
| Operating Expenses | $19M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $7M |
| Interest Income | $1M |
| Interest Expense | $866.4K |
| Other Income/Expenses | $546.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $2M |
| EBIT | $7M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $541.3K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $305.2K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $58.5K |
| NET CASH FROM INVESTING | -$991.5K |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$908.5K |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $27M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $137M |
| PP&E (Net) | $73M |
| Goodwill | $0 |
| Intangible Assets | $52M |
| Long-Term Investments | $804.4K |
| Tax Assets | $2M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $148M |
| TOTAL ASSETS | $285M |
| Account Payables | $12M |
| Short-Term Debt | $2M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $32M |
| Long-Term Debt | $17M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $90M |
| TOTAL LIABILITIES | $122M |
| Common Stock | $16M |
| Additional Paid-In Capital | $348M |
| Retained Earnings | -$201M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $163M |
| Minority Interest | $0 |
| TOTAL EQUITY | $163M |
| TOTAL LIABILITIES & EQUITY | $285M |
| Total Debt | $89M |
| Net Debt | $10M |
