| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $24M | $40M | 53.6% | -8.6% |
| Op. Income | $2M | -$12M | -$5M | 116.4% | 136.5% |
| Gross Margin | 85.8% | 77.9% | 82.4% | 8.0pp | 3.5pp |
| Net Margin | 5.4% | -46.7% | -12.8% | 52.1pp | 18.2pp |
| EPS (Diluted) | $0.09 | $-0.49 | $-0.23 | 118.4% | 139.1% |
| Free Cash Flow | -$11M | $13M | -$5M | -191.5% | -145.3% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $11.0K |
| Operating Expenses | $30M |
| Cost & Expenses | $35M |
| OPERATING INCOME | $2M |
| Interest Income | $152.0K |
| Interest Expense | $101.0K |
| Other Income/Expenses | $62.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$25.0K |
| 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 | $5M |
| EBIT | $2M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $11.0K |
| Operating Expenses | $30M |
| Cost & Expenses | $35M |
| OPERATING INCOME | $2M |
| Interest Income | $152.0K |
| Interest Expense | $101.0K |
| Other Income/Expenses | $62.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$25.0K |
| 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 | $5M |
| EBIT | $2M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $287.0K |
| Deferred Income Tax | -$78.0K |
| Other Non-Cash Items | $354.0K |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$592.0K |
| Acquisitions (Net) | $592.0K |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | -$530.0K |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$1.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.0K |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $7M |
| Net Receivables | $36M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $73M |
| PP&E (Net) | $65M |
| Goodwill | $0 |
| Intangible Assets | $377.0K |
| Long-Term Investments | -$377.0K |
| Tax Assets | $289.0K |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $67M |
| TOTAL ASSETS | $140M |
| Account Payables | $6M |
| Short-Term Debt | $4M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | -$6M |
| Deferred Tax Liabilities | $10.0K |
| Other Non-Current Liabilities | $256.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $32M |
| Common Stock | $233.0K |
| Additional Paid-In Capital | $154M |
| Retained Earnings | -$44M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $109M |
| Minority Interest | $0 |
| TOTAL EQUITY | $109M |
| TOTAL LIABILITIES & EQUITY | $140M |
| Total Debt | $11M |
| Net Debt | -$4M |
