| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $66M | $69M | $59M | -5.0% | 11.4% |
| Op. Income | $4M | -$9M | -$1M | 144.0% | 485.5% |
| Gross Margin | 48.4% | 49.6% | 46.6% | -1.2pp | 1.8pp |
| Net Margin | 3.0% | -29.5% | -4.3% | 32.4pp | 7.3pp |
| EPS (Diluted) | $0.08 | $-0.80 | $-0.13 | 110.0% | 161.5% |
| Free Cash Flow | -$13M | $5M | $1M | -353.5% | -1047.1% |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $32M |
| R&D Expenses | $10M |
| Selling & Marketing | $10M |
| General & Administrative | $6M |
| SG&A Expenses | $16M |
| Other Expenses | $1M |
| Operating Expenses | $28M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $3.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $2M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $32M |
| R&D Expenses | $10M |
| Selling & Marketing | $10M |
| General & Administrative | $6M |
| SG&A Expenses | $16M |
| Other Expenses | $1M |
| Operating Expenses | $28M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $3.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $2M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $828.0K |
| Deferred Income Tax | -$9.0K |
| Other Non-Cash Items | $632.0K |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$985.0K |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$157.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$33M |
| Common Stock Repurchased | -$802.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $0 |
| Net Receivables | $60M |
| Inventory | $42M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $132M |
| PP&E (Net) | $15M |
| Goodwill | $9M |
| Intangible Assets | $20M |
| Long-Term Investments | $0 |
| Tax Assets | $496.0K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $44M |
| TOTAL ASSETS | $177M |
| Account Payables | $21M |
| Short-Term Debt | $9M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $69M |
| Long-Term Debt | $57M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $67M |
| TOTAL LIABILITIES | $136M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $104M |
| Retained Earnings | -$62M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$361.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $40M |
| Minority Interest | $0 |
| TOTAL EQUITY | $40M |
| TOTAL LIABILITIES & EQUITY | $177M |
| Total Debt | $71M |
| Net Debt | $52M |
