| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $12M | $17M | 77.8% | 29.3% |
| Op. Income | $259.0K | -$7M | -$2M | 103.9% | 112.3% |
| Gross Margin | 76.9% | 77.5% | 77.6% | -0.6pp | -0.8pp |
| Net Margin | 1.6% | -52.8% | -11.7% | 54.4pp | 13.3pp |
| EPS (Diluted) | $0.01 | $-0.12 | $-0.04 | 108.3% | 127.0% |
| Free Cash Flow | -$3M | -$6M | -$2M | 48.1% | -66.0% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $17M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $259.0K |
| Interest Income | $480.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $77.0K |
| INCOME BEFORE TAX | $336.0K |
| Income Tax Expense | -$7.0K |
| Net Income from Continuing Ops | $343.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $343.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $343.0K |
| D&A | $1M |
| EBIT | $336.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $17M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $259.0K |
| Interest Income | $480.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $77.0K |
| INCOME BEFORE TAX | $336.0K |
| Income Tax Expense | -$7.0K |
| Net Income from Continuing Ops | $343.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $343.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $343.0K |
| D&A | $1M |
| EBIT | $336.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $343.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $357.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$990.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $63.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$61.0K |
| Common Stock Repurchased | -$51.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $92M |
| Short-Term Investments | $0 |
| Net Receivables | $16M |
| Inventory | $397.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $110M |
| PP&E (Net) | $31M |
| Goodwill | $3M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $36M |
| TOTAL ASSETS | $146M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $44M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $444M |
| Retained Earnings | -$342M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $103M |
| Minority Interest | $0 |
| TOTAL EQUITY | $103M |
| TOTAL LIABILITIES & EQUITY | $146M |
| Total Debt | $27M |
| Net Debt | -$66M |
