| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $14M | $18M | 6.5% | -20.8% |
| Op. Income | -$612.0K | -$897.0K | -$1M | 31.8% | 55.3% |
| Gross Margin | 64.2% | 73.7% | 65.6% | -9.5pp | -1.4pp |
| Net Margin | -22.2% | -25.3% | -32.0% | 3.1pp | 9.7pp |
| EPS (Diluted) | $-1.76 | $-1.89 | $-4.00 | 6.9% | 56.0% |
| Free Cash Flow | $4M | -$4M | -$7M | 200.8% | 168.0% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $4M |
| Operating Expenses | $10M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$612.0K |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $55.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $3M |
| EBIT | -$612.0K |
| EBITDA | $3M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $361.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $970.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$320.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$107.0K |
| NET CASH FROM INVESTING | -$320.0K |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $41M |
| Inventory | $632.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $68M |
| PP&E (Net) | $16M |
| Goodwill | $9M |
| Intangible Assets | $11M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $38M |
| TOTAL ASSETS | $106M |
| Account Payables | $68M |
| Short-Term Debt | $25M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $94M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $229.0K |
| TOTAL NON-CURRENT LIABILITIES | $43M |
| TOTAL LIABILITIES | $137M |
| Common Stock | $36.0K |
| Additional Paid-In Capital | $368M |
| Retained Earnings | -$389M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | $3.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$30M |
| Minority Interest | -$1M |
| TOTAL EQUITY | -$31M |
| TOTAL LIABILITIES & EQUITY | $106M |
| Total Debt | $65M |
| Net Debt | $48M |
