| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48M | $43M | $46M | 10.7% | 3.0% |
| Op. Income | -$2M | -$6M | $1M | 68.8% | -262.7% |
| Gross Margin | 3.3% | -5.9% | 9.8% | 9.1pp | -6.6pp |
| Net Margin | -2.9% | -10.3% | 2.0% | 7.3pp | -4.9pp |
| EPS (Diluted) | $-0.07 | $-0.22 | $0.04 | 68.8% | -271.8% |
| Free Cash Flow | -$363.0K | -$279.0K | $1M | -30.1% | -129.1% |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3M |
| Operating Expenses | $3M |
| Cost & Expenses | $49M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $533.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$352.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $251.0K |
| EBIT | -$1M |
| EBITDA | -$960.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $251.0K |
| Stock-Based Compensation | $84.0K |
| Deferred Income Tax | $16.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$351.0K |
| Capital Expenditure | -$12.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | $52M |
| Other Investing Activities | $25M |
| NET CASH FROM INVESTING | $25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$23.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$15.0K |
| NET CASH FROM FINANCING | -$15.0K |
| FREE CASH FLOW | -$363.0K |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $218M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $36M |
| PP&E (Net) | -$3M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $238M |
| Tax Assets | $175.0K |
| Other Non-Current Assets | -$138M |
| TOTAL NON-CURRENT ASSETS | $100M |
| TOTAL ASSETS | $383M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $233M |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $233M |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $267M |
| Common Stock | $22M |
| Additional Paid-In Capital | $58M |
| Retained Earnings | $35M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | $10M |
| Other Equity | -$943.0K |
| TOTAL STOCKHOLDERS' EQUITY | $116M |
| Minority Interest | $0 |
| TOTAL EQUITY | $116M |
| TOTAL LIABILITIES & EQUITY | $383M |
| Total Debt | $34M |
| Net Debt | -$2M |
