| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $103M | $102M | $100M | 0.9% | 3.4% |
| Op. Income | $3M | -$868.0K | -$4M | 431.9% | 175.4% |
| Gross Margin | 39.2% | 37.5% | 36.3% | 1.7pp | 2.9pp |
| Net Margin | -1.1% | -4.5% | -8.9% | 3.4pp | 7.7pp |
| EPS (Diluted) | $-0.01 | $-0.05 | $-0.10 | 74.6% | 86.5% |
| Free Cash Flow | -$8M | -$14M | $2M | 43.4% | -620.9% |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $40M |
| R&D Expenses | $13M |
| Selling & Marketing | $13M |
| General & Administrative | $12M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $100M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$948.0K |
| Income Tax Expense | $236.0K |
| 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 | $2M |
| EBIT | $3M |
| EBITDA | $5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $915.0K |
| Other Non-Cash Items | $249.0K |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$6.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $0 |
| Net Receivables | $100M |
| Inventory | $124M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $310M |
| PP&E (Net) | $20M |
| Goodwill | $58M |
| Intangible Assets | $714.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $96M |
| TOTAL ASSETS | $406M |
| Account Payables | $25M |
| Short-Term Debt | $0 |
| Deferred Revenue | $102M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $181M |
| Long-Term Debt | $146M |
| Deferred Revenue NC | $23M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $177M |
| TOTAL LIABILITIES | $358M |
| Common Stock | $88.0K |
| Additional Paid-In Capital | $531M |
| Retained Earnings | -$484M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $489.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $48M |
| Minority Interest | $0 |
| TOTAL EQUITY | $48M |
| TOTAL LIABILITIES & EQUITY | $406M |
| Total Debt | $146M |
| Net Debt | $83M |
