| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | $65M | — | -17.0% | — |
| Op. Income | -$3M | $3M | — | -186.8% | — |
| Gross Margin | 30.1% | 34.6% | — | -4.5pp | — |
| Net Margin | 8.0% | 3.5% | — | 4.5pp | — |
| EPS (Diluted) | $0.39 | $0.21 | — | 85.7% | — |
| Free Cash Flow | $5M | $5M | — | 5.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $16M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $57M |
| OPERATING INCOME | -$3M |
| Interest Income | $73.0K |
| Interest Expense | $7.0K |
| Other Income/Expenses | $65.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $1M |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $458.0K |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $201.0K |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$847.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$847.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$434.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $30.0K |
| NET CASH FROM FINANCING | -$429.0K |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $0 |
| Net Receivables | $74M |
| Inventory | $11M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $126M |
| PP&E (Net) | $17M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $41M |
| TOTAL ASSETS | $167M |
| Account Payables | $34M |
| Short-Term Debt | $9M |
| Deferred Revenue | $19M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $85M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $953.0K |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $100M |
| Common Stock | $54.0K |
| Additional Paid-In Capital | $815M |
| Retained Earnings | -$735M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $68M |
| Minority Interest | $0 |
| TOTAL EQUITY | $68M |
| TOTAL LIABILITIES & EQUITY | $167M |
| Total Debt | $9M |
| Net Debt | -$27M |
