| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $9M | $8M | -1.0% | 4.7% |
| Op. Income | $1M | $2M | $2M | -36.2% | -52.3% |
| Gross Margin | 88.3% | 87.7% | 91.5% | 0.6pp | -3.2pp |
| Net Margin | 12.0% | 17.3% | 24.8% | -5.3pp | -12.8pp |
| EPS (Diluted) | $0.28 | $0.41 | $0.55 | -31.7% | -49.1% |
| Free Cash Flow | $3M | $2M | $587.0K | 49.7% | 382.1% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $991.0K |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $145.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $3M |
| Operating Expenses | $6M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $1M |
| Interest Income | $7M |
| Interest Expense | $991.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $106.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.0K |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $581.0K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $991.0K |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $145.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $3M |
| Operating Expenses | $6M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $1M |
| Interest Income | $7M |
| Interest Expense | $991.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $106.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.0K |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $581.0K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $581.0K |
| Stock-Based Compensation | $283.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $834.0K |
| Change in Working Capital | $244.0K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$134.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $155M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $171M |
| PP&E (Net) | $15M |
| Goodwill | $14M |
| Intangible Assets | $0 |
| Long-Term Investments | $436M |
| Tax Assets | $0 |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $492M |
| TOTAL ASSETS | $664M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $574M |
| TOTAL CURRENT LIABILITIES | $574M |
| Long-Term Debt | $207.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $579M |
| Common Stock | $55M |
| Additional Paid-In Capital | $55M |
| Retained Earnings | $26M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$52M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $85M |
| Minority Interest | $0 |
| TOTAL EQUITY | $85M |
| TOTAL LIABILITIES & EQUITY | $664M |
| Total Debt | $207.0K |
| Net Debt | -$16M |
