| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $4M | 3.0% | 0.4% |
| Op. Income | -$455.0K | -$263.0K | $1M | -73.0% | -142.0% |
| Gross Margin | 61.2% | 64.9% | 90.7% | -3.8pp | -29.5pp |
| Net Margin | -6.5% | -3.2% | 17.5% | -3.3pp | -24.0pp |
| EPS (Diluted) | $-0.08 | $-0.04 | $0.22 | -102.0% | -136.4% |
| Free Cash Flow | $19M | -$10M | -$17M | 279.4% | 210.9% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $875.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$455.0K |
| Interest Income | $4M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$455.0K |
| Income Tax Expense | -$176.0K |
| Net Income from Continuing Ops | -$279.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$279.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$275.0K |
| D&A | $56.0K |
| EBIT | -$455.0K |
| EBITDA | -$399.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$279.0K |
| Depreciation & Amortization | $56.0K |
| Stock-Based Compensation | $92.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $839.0K |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$10.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $498.0K |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$255.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $14M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $37M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $363M |
| Tax Assets | $5M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $378M |
| TOTAL ASSETS | $415M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $280M |
| TOTAL CURRENT LIABILITIES | $285M |
| Long-Term Debt | $80M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $81M |
| TOTAL LIABILITIES | $366M |
| Common Stock | $305.0K |
| Additional Paid-In Capital | $46M |
| Retained Earnings | $8M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | $11.0K |
| Other Equity | -$977.0K |
| TOTAL STOCKHOLDERS' EQUITY | $49M |
| Minority Interest | $0 |
| TOTAL EQUITY | $49M |
| TOTAL LIABILITIES & EQUITY | $415M |
| Total Debt | $80M |
| Net Debt | $58M |
