| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $13M | $11M | -14.2% | 2.9% |
| Op. Income | -$3M | -$820.0K | -$1M | -243.8% | -139.9% |
| Gross Margin | 53.3% | 50.8% | 50.2% | 2.5pp | 3.1pp |
| Net Margin | -24.4% | -6.7% | -7.8% | -17.7pp | -16.6pp |
| EPS (Diluted) | $-0.05 | $-0.02 | $-0.02 | -208.9% | -209.5% |
| Free Cash Flow | -$2M | $3M | -$162.0K | -151.8% | -900.6% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $6M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | -$12.0K |
| Operating Expenses | $9M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$3M |
| Interest Income | $45.0K |
| Interest Expense | $23.0K |
| Other Income/Expenses | $10.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $11.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $387.0K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $387.0K |
| Stock-Based Compensation | $505.0K |
| Deferred Income Tax | $77.0K |
| Other Non-Cash Items | $15.0K |
| Change in Working Capital | $300.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$96.0K |
| Acquisitions (Net) | $96.0K |
| Purchases of Investments | -$820.0K |
| Sales/Maturities of Investments | $774.0K |
| Other Investing Activities | -$96.0K |
| NET CASH FROM INVESTING | -$142.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$31.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $329.0K |
| NET CASH FROM FINANCING | $329.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $394.0K |
| Net Receivables | $10M |
| Inventory | $5M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $2M |
| Goodwill | $7M |
| Intangible Assets | $5M |
| Long-Term Investments | $4M |
| Tax Assets | $7M |
| Other Non-Current Assets | $177.0K |
| TOTAL NON-CURRENT ASSETS | $25M |
| TOTAL ASSETS | $58M |
| Account Payables | $7M |
| Short-Term Debt | $1M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $946.0K |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $9M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $208.0K |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $26M |
| Common Stock | $192.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$101M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$435.0K |
| Other Equity | $133M |
| TOTAL STOCKHOLDERS' EQUITY | $32M |
| Minority Interest | $0 |
| TOTAL EQUITY | $32M |
| TOTAL LIABILITIES & EQUITY | $58M |
| Total Debt | $0 |
| Net Debt | -$10M |
