| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $48M | $37M | 1.1% | 31.1% |
| Op. Income | $10M | $12M | $10M | -12.6% | 3.6% |
| Gross Margin | 51.5% | 53.3% | 56.9% | -1.7pp | -5.4pp |
| Net Margin | 10.1% | 13.7% | 18.5% | -3.6pp | -8.3pp |
| EPS (Diluted) | $0.17 | $0.22 | $0.23 | -22.7% | -26.1% |
| Free Cash Flow | $92.0K | $9M | $7M | -99.0% | -98.7% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $1M |
| Operating Expenses | $15M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| 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 | $1M |
| EBIT | $10M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $1M |
| Operating Expenses | $15M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| 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 | $1M |
| EBIT | $10M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$429.0K |
| Other Non-Cash Items | $399.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $893.0K |
| Capital Expenditure | -$801.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$801.0K |
| Net Debt Issuance | -$800.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$226.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $92.0K |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $8M |
| Goodwill | $50M |
| Intangible Assets | $46M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $117M |
| TOTAL ASSETS | $150M |
| Account Payables | $3M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $309M |
| Deferred Revenue NC | $21M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $343M |
| TOTAL LIABILITIES | $366M |
| Common Stock | $295.0K |
| Additional Paid-In Capital | $892.0K |
| Retained Earnings | -$218M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$216M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$216M |
| TOTAL LIABILITIES & EQUITY | $150M |
| Total Debt | $312M |
| Net Debt | $295M |
