| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $9M | $6M | -27.8% | 12.0% |
| Op. Income | $86.0K | $495.0K | -$508.0K | -82.6% | 116.9% |
| Gross Margin | 49.2% | 45.4% | 62.3% | 3.8pp | -13.2pp |
| Net Margin | 3.6% | 4.5% | -14.6% | -0.9pp | 18.2pp |
| EPS (Diluted) | $0.06 | $0.12 | $-0.94 | -50.0% | 106.4% |
| Free Cash Flow | $922.0K | -$656.0K | -$4M | 240.5% | 123.3% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $3M |
| R&D Expenses | $306.0K |
| Selling & Marketing | $523.0K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $278.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $86.0K |
| Interest Income | $0 |
| Interest Expense | $199.0K |
| Other Income/Expenses | $207.0K |
| INCOME BEFORE TAX | $293.0K |
| Income Tax Expense | $51.0K |
| Net Income from Continuing Ops | $242.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $242.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $242.0K |
| D&A | $270.0K |
| EBIT | $492.0K |
| EBITDA | $762.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $3M |
| R&D Expenses | $306.0K |
| Selling & Marketing | $523.0K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $278.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $86.0K |
| Interest Income | $0 |
| Interest Expense | $199.0K |
| Other Income/Expenses | $207.0K |
| INCOME BEFORE TAX | $293.0K |
| Income Tax Expense | $51.0K |
| Net Income from Continuing Ops | $242.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $242.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $242.0K |
| D&A | $270.0K |
| EBIT | $492.0K |
| EBITDA | $762.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $242.0K |
| Depreciation & Amortization | $270.0K |
| Stock-Based Compensation | $62.0K |
| Deferred Income Tax | $54.0K |
| Other Non-Cash Items | -$192.0K |
| Change in Working Capital | $756.0K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$270.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$270.0K |
| Net Debt Issuance | -$483.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$23.0K |
| NET CASH FROM FINANCING | -$506.0K |
| FREE CASH FLOW | $922.0K |
| Net Change in Cash | $416.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $591.0K |
| Other Current Assets | $286.0K |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $3M |
| Goodwill | $18M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $156.0K |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $35M |
| Account Payables | $1M |
| Short-Term Debt | $668.0K |
| Deferred Revenue | $3M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $99.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $17M |
| Common Stock | $98.0K |
| Additional Paid-In Capital | $54M |
| Retained Earnings | -$36M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18M |
| Minority Interest | $0 |
| TOTAL EQUITY | $18M |
| TOTAL LIABILITIES & EQUITY | $35M |
| Total Debt | $7M |
| Net Debt | $5M |
