| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $6M | $4M | 4.2% | 38.1% |
| Op. Income | -$2M | -$3M | -$941.0K | 19.5% | -131.1% |
| Gross Margin | 80.6% | 75.8% | 78.4% | 4.7pp | 2.1pp |
| Net Margin | -44.4% | -61.0% | -34.4% | 16.6pp | -10.0pp |
| EPS (Diluted) | $-0.12 | $-0.17 | $-0.09 | 29.4% | -33.3% |
| Free Cash Flow | -$3M | -$4M | -$870.0K | 26.8% | -273.9% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $5M |
| R&D Expenses | $2M |
| Selling & Marketing | $4M |
| General & Administrative | $1M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $344.0K |
| Other Income/Expenses | -$344.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $113.0K |
| 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 | $711.0K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $711.0K |
| Stock-Based Compensation | $289.0K |
| Deferred Income Tax | $113.0K |
| Other Non-Cash Items | $223.0K |
| Change in Working Capital | -$764.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$24.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$104.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$259.0K |
| NET CASH FROM FINANCING | -$363.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | -$2M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $160.0K |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $41M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $202.0K |
| Additional Paid-In Capital | $94M |
| Retained Earnings | -$70M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26M |
| Minority Interest | $0 |
| TOTAL EQUITY | $26M |
| TOTAL LIABILITIES & EQUITY | $41M |
| Total Debt | $0 |
| Net Debt | -$24M |
