| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $57M | $59M | $50M | -3.9% | 13.4% |
| Op. Income | -$9M | -$4M | -$6M | -125.0% | -42.8% |
| Gross Margin | 73.8% | 74.5% | 72.0% | -0.7pp | 1.8pp |
| Net Margin | -16.5% | -7.0% | -14.5% | -9.6pp | -2.0pp |
| EPS (Diluted) | $-0.25 | $-0.11 | $-0.22 | -127.3% | -13.6% |
| Free Cash Flow | -$6M | $999.0K | $4M | -696.5% | -267.5% |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $42M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $40M |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $50M |
| Cost & Expenses | $65M |
| OPERATING INCOME | -$9M |
| Interest Income | $577.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$650.0K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $75.0K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $2M |
| EBIT | -$8M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $591.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$18M |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $47M |
| Other Investing Activities | -$18M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | -$281.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $230.0K |
| NET CASH FROM FINANCING | $20M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $47M |
| Net Receivables | $27M |
| Inventory | $28M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $138M |
| PP&E (Net) | $35M |
| Goodwill | $236M |
| Intangible Assets | $130M |
| Long-Term Investments | $20M |
| Tax Assets | $0 |
| Other Non-Current Assets | $762.0K |
| TOTAL NON-CURRENT ASSETS | $423M |
| TOTAL ASSETS | $561M |
| Account Payables | $14M |
| Short-Term Debt | $2M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $44M |
| Long-Term Debt | $60M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $184M |
| TOTAL NON-CURRENT LIABILITIES | $258M |
| TOTAL LIABILITIES | $303M |
| Common Stock | $40.0K |
| Additional Paid-In Capital | $525M |
| Retained Earnings | -$266M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$376.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $258M |
| Minority Interest | $0 |
| TOTAL EQUITY | $258M |
| TOTAL LIABILITIES & EQUITY | $561M |
| Total Debt | $76M |
| Net Debt | $43M |
