| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $18M | $21M | 27.6% | 9.6% |
| Op. Income | -$267.0K | -$2M | $2M | 87.8% | -112.4% |
| Gross Margin | 88.2% | 86.5% | 90.6% | 1.8pp | -2.4pp |
| Net Margin | 3.3% | -8.2% | 11.9% | 11.5pp | -8.6pp |
| EPS (Diluted) | $0.03 | $-0.07 | $0.11 | 143.5% | -72.7% |
| Free Cash Flow | -$8M | -$4M | -$652.0K | -102.9% | -1187.4% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $21M |
| R&D Expenses | $14M |
| Selling & Marketing | $3M |
| General & Administrative | $4M |
| SG&A Expenses | $6M |
| Other Expenses | $757.0K |
| Operating Expenses | $21M |
| Cost & Expenses | $24M |
| OPERATING INCOME | -$267.0K |
| Interest Income | $880.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $603.0K |
| INCOME BEFORE TAX | $336.0K |
| Income Tax Expense | -$439.0K |
| Net Income from Continuing Ops | $775.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $775.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $775.0K |
| D&A | $2M |
| EBIT | -$267.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $775.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $433.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $10M |
| Purchases of Investments | -$22M |
| Sales/Maturities of Investments | $30M |
| Other Investing Activities | -$21M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $127M |
| Net Receivables | $27M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $175M |
| PP&E (Net) | $19M |
| Goodwill | $51M |
| Intangible Assets | $17M |
| Long-Term Investments | $5M |
| Tax Assets | $11M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $119M |
| TOTAL ASSETS | $294M |
| Account Payables | $1M |
| Short-Term Debt | $2M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $45M |
| Common Stock | $22.0K |
| Additional Paid-In Capital | $225M |
| Retained Earnings | $59M |
| Treasury Stock | -$35M |
| Accum. Other Comp. Income | -$22.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $249M |
| Minority Interest | $0 |
| TOTAL EQUITY | $249M |
| TOTAL LIABILITIES & EQUITY | $294M |
| Total Debt | $10M |
| Net Debt | -$5M |
