| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $98M | $35M | — | 177.6% | — |
| Op. Income | $11M | -$39M | — | 127.4% | — |
| Gross Margin | 21.8% | 4.5% | — | 17.4pp | — |
| Net Margin | 14.1% | -108.9% | — | 123.0pp | — |
| EPS (Diluted) | $0.01 | $-0.04 | — | 133.7% | — |
| Free Cash Flow | -$3M | $0 | $81.4K | — | -3778.3% |
| Item | Amount |
|---|---|
| REVENUE | $98M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $21M |
| R&D Expenses | $6M |
| Selling & Marketing | $918.3K |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $84M |
| OPERATING INCOME | $11M |
| Interest Income | $24.6K |
| Interest Expense | $46.3K |
| Other Income/Expenses | $432.3K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $6.0K |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $2M |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $98M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $21M |
| R&D Expenses | $6M |
| Selling & Marketing | $918.3K |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $84M |
| OPERATING INCOME | $11M |
| Interest Income | $24.6K |
| Interest Expense | $46.3K |
| Other Income/Expenses | $432.3K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $6.0K |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $2M |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $225.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $958.1K |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$520.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $12M |
| Net Receivables | $636.5K |
| Inventory | $57M |
| Other Current Assets | $93M |
| TOTAL CURRENT ASSETS | $211M |
| PP&E (Net) | $20M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $22M |
| TOTAL ASSETS | $233M |
| Account Payables | $2M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$780.4K |
| TOTAL CURRENT LIABILITIES | $98M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $100M |
| Common Stock | $146 |
| Additional Paid-In Capital | $21M |
| Retained Earnings | -$12M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | -$2M |
| TOTAL STOCKHOLDERS' EQUITY | $133M |
| Minority Interest | $0 |
| TOTAL EQUITY | $133M |
| TOTAL LIABILITIES & EQUITY | $233M |
| Total Debt | $39M |
| Net Debt | -$10M |
