| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $61M | $66M | $63M | -7.0% | -2.5% |
| Op. Income | $2M | $785.0K | $2M | 106.5% | -20.4% |
| Gross Margin | 46.3% | 46.1% | 46.8% | 0.2pp | -0.5pp |
| Net Margin | 2.7% | 2.0% | 4.2% | 0.7pp | -1.5pp |
| EPS (Diluted) | $0.06 | $0.05 | $0.09 | 20.0% | -33.3% |
| Free Cash Flow | $15M | -$5M | -$4M | 375.0% | 473.0% |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $28M |
| R&D Expenses | $9M |
| Selling & Marketing | $11M |
| General & Administrative | $7M |
| SG&A Expenses | $18M |
| Other Expenses | -$174.0K |
| Operating Expenses | $27M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $2M |
| Interest Income | $205.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $31.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $4.0K |
| 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 | $3M |
| EBIT | $2M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $28M |
| R&D Expenses | $9M |
| Selling & Marketing | $11M |
| General & Administrative | $7M |
| SG&A Expenses | $18M |
| Other Expenses | -$174.0K |
| Operating Expenses | $27M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $2M |
| Interest Income | $205.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $31.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $4.0K |
| 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 | $3M |
| EBIT | $2M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$149.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $248.0K |
| Other Investing Activities | $248.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$7.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$811.0K |
| NET CASH FROM FINANCING | -$818.0K |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $84M |
| Short-Term Investments | $2M |
| Net Receivables | $45M |
| Inventory | $42M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $178M |
| PP&E (Net) | $14M |
| Goodwill | $154M |
| Intangible Assets | $33M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $821.0K |
| TOTAL NON-CURRENT ASSETS | $207M |
| TOTAL ASSETS | $385M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $273.0K |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $40M |
| Common Stock | $345.0K |
| Additional Paid-In Capital | $264M |
| Retained Earnings | $160M |
| Treasury Stock | -$54M |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $345M |
| Minority Interest | $0 |
| TOTAL EQUITY | $345M |
| TOTAL LIABILITIES & EQUITY | $385M |
| Total Debt | $0 |
| Net Debt | -$84M |
