| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $37M | $39M | -0.5% | -4.5% |
| Op. Income | $5M | $4M | $1M | 40.1% | 259.4% |
| Gross Margin | 88.6% | 89.5% | 88.6% | -1.0pp | -0.1pp |
| Net Margin | 11.8% | 8.2% | 2.4% | 3.6pp | 9.4pp |
| EPS (Diluted) | $0.08 | $0.06 | $0.02 | 33.3% | 300.0% |
| Free Cash Flow | $554.0K | $8M | -$2M | -93.0% | 128.1% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $33M |
| R&D Expenses | $4M |
| Selling & Marketing | $14M |
| General & Administrative | $8M |
| SG&A Expenses | $21M |
| Other Expenses | $2M |
| Operating Expenses | $28M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $188.0K |
| Other Income/Expenses | -$188.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $704.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $2M |
| EBIT | $5M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $33M |
| R&D Expenses | $4M |
| Selling & Marketing | $14M |
| General & Administrative | $8M |
| SG&A Expenses | $21M |
| Other Expenses | $2M |
| Operating Expenses | $28M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $188.0K |
| Other Income/Expenses | -$188.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $704.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $2M |
| EBIT | $5M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $587.0K |
| Other Non-Cash Items | $36.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $554.0K |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $16M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $24M |
| PP&E (Net) | $35M |
| Goodwill | $152M |
| Intangible Assets | $39M |
| Long-Term Investments | $6M |
| Tax Assets | $80.0K |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $235M |
| TOTAL ASSETS | $259M |
| Account Payables | $16M |
| Short-Term Debt | $4M |
| Deferred Revenue | $50M |
| Other Current Liabilities | -$4M |
| TOTAL CURRENT LIABILITIES | $71M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $950.0K |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $105M |
| Common Stock | $693.0K |
| Additional Paid-In Capital | $226M |
| Retained Earnings | $80M |
| Treasury Stock | -$120M |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $153M |
| Minority Interest | $0 |
| TOTAL EQUITY | $153M |
| TOTAL LIABILITIES & EQUITY | $259M |
| Total Debt | $24M |
| Net Debt | $19M |
