| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | $74M | $95M | -6.5% | -27.2% |
| Op. Income | $2M | $2M | $11M | -6.1% | -82.3% |
| Gross Margin | 44.0% | 42.7% | 41.8% | 1.3pp | 2.2pp |
| Net Margin | 1.0% | 0.7% | 9.3% | 0.3pp | -8.3pp |
| EPS (Diluted) | $0.02 | $0.02 | $0.26 | 0.0% | -92.3% |
| Free Cash Flow | $18M | -$12M | -$297.0K | 241.6% | 6050.8% |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $31M |
| R&D Expenses | $13M |
| Selling & Marketing | $8M |
| General & Administrative | $8M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $2M |
| Interest Income | $687.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $376.0K |
| Income Tax Expense | -$328.0K |
| Net Income from Continuing Ops | $704.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $704.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $704.0K |
| D&A | $2M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $31M |
| R&D Expenses | $13M |
| Selling & Marketing | $8M |
| General & Administrative | $8M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $2M |
| Interest Income | $687.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $376.0K |
| Income Tax Expense | -$328.0K |
| Net Income from Continuing Ops | $704.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $704.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $704.0K |
| D&A | $2M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $704.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$523.0K |
| Other Non-Cash Items | $632.0K |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $632.0K |
| NET CASH FROM FINANCING | $632.0K |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $155M |
| Short-Term Investments | $0 |
| Net Receivables | $49M |
| Inventory | $138M |
| Other Current Assets | $149.0K |
| TOTAL CURRENT ASSETS | $354M |
| PP&E (Net) | $54M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $71M |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $177M |
| TOTAL ASSETS | $530M |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $23M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $63M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $60M |
| TOTAL LIABILITIES | $123M |
| Common Stock | $32.0K |
| Additional Paid-In Capital | $559M |
| Retained Earnings | -$150M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $408M |
| Minority Interest | $0 |
| TOTAL EQUITY | $408M |
| TOTAL LIABILITIES & EQUITY | $530M |
| Total Debt | $49M |
| Net Debt | -$107M |
