| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $7M | $6M | -1.7% | 15.4% |
| Op. Income | $2M | $2M | $2M | -6.2% | 5.8% |
| Gross Margin | 68.2% | 69.7% | 72.6% | -1.5pp | -4.4pp |
| Net Margin | 26.6% | 29.1% | 34.6% | -2.5pp | -7.9pp |
| EPS (Diluted) | $0.17 | $0.18 | $0.19 | -5.6% | -10.5% |
| Free Cash Flow | $2M | -$390.6K | $163.5K | 645.8% | 1203.7% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $5M |
| R&D Expenses | $631.7K |
| Selling & Marketing | $49.1K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $6.4K |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $20.3K |
| Other Income/Expenses | -$13.9K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $350.7K |
| 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 | $200.2K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $5M |
| R&D Expenses | $631.7K |
| Selling & Marketing | $49.1K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $6.4K |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $20.3K |
| Other Income/Expenses | -$13.9K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $350.7K |
| 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 | $200.2K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $200.2K |
| Stock-Based Compensation | $291.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $69.5K |
| Change in Working Capital | -$461.6K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | $256.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$34.3K |
| NET CASH FROM INVESTING | $221.8K |
| Net Debt Issuance | -$259.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$93.3K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $545.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $4M |
| Other Current Assets | $131.0K |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $903.2K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $33M |
| Account Payables | $2M |
| Short-Term Debt | $481.6K |
| Deferred Revenue | $889.7K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $696.2K |
| Deferred Revenue NC | $143.6K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $839.8K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $10.7K |
| Additional Paid-In Capital | $59M |
| Retained Earnings | -$27M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29M |
| Minority Interest | $0 |
| TOTAL EQUITY | $29M |
| TOTAL LIABILITIES & EQUITY | $33M |
| Total Debt | $1M |
| Net Debt | -$9M |
