Reported June 30, 2018
| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $53M | — | $38M | — | 41.0% |
| Op. Income | $5M | — | $3M | — | 52.0% |
| Gross Margin | 24.0% | — | 24.9% | — | -0.8pp |
| Net Margin | 7.1% | — | 6.4% | — | 0.7pp |
| EPS (Diluted) | $0.07 | — | $0.04 | — | 52.9% |
| Free Cash Flow | $4M | — | $2M | — | 93.0% |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $13M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | -$225.0K |
| Operating Expenses | $8M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $5M |
| Interest Income | $402.5K |
| Interest Expense | $1M |
| Other Income/Expenses | -$776.5K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $466.0K |
| 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 | $1M |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $13M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | -$225.0K |
| Operating Expenses | $8M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $5M |
| Interest Income | $402.5K |
| Interest Expense | $1M |
| Other Income/Expenses | -$776.5K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $466.0K |
| 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 | $1M |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$338.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$338.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $0 |
| Net Receivables | $28M |
| Inventory | $21M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $73M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $137.5K |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $87M |
| Account Payables | $20M |
| Short-Term Debt | $49M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $77M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $307.0K |
| TOTAL NON-CURRENT LIABILITIES | $946.5K |
| TOTAL LIABILITIES | $78M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $87M |
| Total Debt | $50M |
| Net Debt | $27M |