| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $78M | $70M | $72M | 10.3% | 7.5% |
| Op. Income | $13M | $5M | $13M | 184.6% | 5.2% |
| Gross Margin | 65.4% | 60.8% | 73.0% | 4.7pp | -7.6pp |
| Net Margin | 2.3% | 0.6% | 9.1% | 1.6pp | -6.8pp |
| EPS (Diluted) | $0.05 | $0.01 | $0.18 | 288.8% | -73.0% |
| Free Cash Flow | $26M | $24M | $17M | 10.3% | 54.6% |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $51M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $1M |
| 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 | $5M |
| EBIT | $3M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $51M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $1M |
| 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 | $5M |
| EBIT | $3M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$396.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$396.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$26M |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $0 |
| Short-Term Investments | $0 |
| Net Receivables | $84M |
| Inventory | $0 |
| Other Current Assets | -$7M |
| TOTAL CURRENT ASSETS | $92M |
| PP&E (Net) | $10M |
| Goodwill | $1.1B |
| Intangible Assets | $69M |
| Long-Term Investments | $39M |
| Tax Assets | $49M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $78M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $123M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $295M |
| TOTAL NON-CURRENT LIABILITIES | $295M |
| TOTAL LIABILITIES | $418M |
| Common Stock | $990M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $965M |
| Minority Interest | $0 |
| TOTAL EQUITY | $965M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $0 |
| Net Debt | $0 |
