| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $16M | — | 31.9% | — |
| Op. Income | $145.0K | -$771.0K | — | 118.8% | — |
| Gross Margin | 22.4% | 22.9% | — | -0.5pp | — |
| Net Margin | 2.5% | -3.8% | — | 6.3pp | — |
| EPS (Diluted) | $0.12 | $-0.15 | — | 180.0% | — |
| Free Cash Flow | -$357.0K | -$1M | — | 74.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $5M |
| R&D Expenses | $583.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $145.0K |
| Interest Income | $79.0K |
| Interest Expense | $26.0K |
| Other Income/Expenses | $61.0K |
| INCOME BEFORE TAX | $206.0K |
| Income Tax Expense | -$326.0K |
| Net Income from Continuing Ops | $532.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $532.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $509.0K |
| D&A | $103.0K |
| EBIT | $145.0K |
| EBITDA | $248.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $5M |
| R&D Expenses | $583.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $145.0K |
| Interest Income | $79.0K |
| Interest Expense | $26.0K |
| Other Income/Expenses | $61.0K |
| INCOME BEFORE TAX | $206.0K |
| Income Tax Expense | -$326.0K |
| Net Income from Continuing Ops | $532.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $532.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $509.0K |
| D&A | $103.0K |
| EBIT | $145.0K |
| EBITDA | $248.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $532.0K |
| Depreciation & Amortization | $103.0K |
| Stock-Based Compensation | $204.0K |
| Deferred Income Tax | -$36.0K |
| Other Non-Cash Items | $91.0K |
| Change in Working Capital | -$929.0K |
| OPERATING CASH FLOW | -$35.0K |
| Capital Expenditure | -$322.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$74.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$74.0K |
| NET CASH FROM INVESTING | -$396.0K |
| Net Debt Issuance | $798.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$620.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$690.0K |
| FREE CASH FLOW | -$357.0K |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $10M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $48M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $39.0K |
| Long-Term Investments | $396.0K |
| Tax Assets | $2M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $56M |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $791.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $24M |
| Common Stock | $42.0K |
| Additional Paid-In Capital | $15M |
| Retained Earnings | $28M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $33M |
| Minority Interest | $0 |
| TOTAL EQUITY | $33M |
| TOTAL LIABILITIES & EQUITY | $56M |
| Total Debt | $301.0K |
| Net Debt | -$16M |
