| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $90M | $86M | $76M | 4.9% | 19.0% |
| Op. Income | -$24M | -$22M | -$18M | -10.2% | -32.8% |
| Gross Margin | 75.1% | 75.2% | 77.5% | -0.1pp | -2.4pp |
| Net Margin | -26.4% | -25.1% | -117.1% | -1.4pp | 90.7pp |
| EPS (Diluted) | $-0.25 | $-0.23 | $-0.96 | -8.7% | 74.0% |
| Free Cash Flow | -$12M | -$13M | $2M | 10.7% | -634.9% |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $68M |
| R&D Expenses | $17M |
| Selling & Marketing | $61M |
| General & Administrative | $14M |
| SG&A Expenses | $75M |
| Other Expenses | $579.0K |
| Operating Expenses | $92M |
| Cost & Expenses | $114M |
| OPERATING INCOME | -$24M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $579.0K |
| INCOME BEFORE TAX | -$24M |
| Income Tax Expense | $112.0K |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $7M |
| EBIT | -$24M |
| EBITDA | -$18M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $949.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $70M |
| Other Investing Activities | -$42M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | -$246.0K |
| Common Stock Repurchased | $552.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $652.0K |
| NET CASH FROM FINANCING | $958.0K |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $87M |
| Net Receivables | $19M |
| Inventory | $14M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $162M |
| PP&E (Net) | $48M |
| Goodwill | $39M |
| Intangible Assets | $13M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $143M |
| TOTAL ASSETS | $304M |
| Account Payables | $28M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $71M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $76M |
| Common Stock | $96.0K |
| Additional Paid-In Capital | $458M |
| Retained Earnings | -$222M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $228M |
| Minority Interest | $0 |
| TOTAL EQUITY | $228M |
| TOTAL LIABILITIES & EQUITY | $304M |
| Total Debt | $0 |
| Net Debt | -$28M |
