| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $180M | $134M | $78M | 34.3% | 130.8% |
| Op. Income | $34M | $17M | -$374.0K | 93.2% | 9112.3% |
| Gross Margin | 35.9% | 33.8% | 32.4% | 2.1pp | 3.5pp |
| Net Margin | 17.3% | 7.9% | -4.4% | 9.4pp | 21.7pp |
| EPS (Diluted) | $0.23 | $0.08 | $-0.03 | 187.5% | 780.5% |
| Free Cash Flow | $769.0K | $12M | $6M | -93.7% | -87.0% |
| Item | Amount |
|---|---|
| REVENUE | $180M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $65M |
| R&D Expenses | $11M |
| Selling & Marketing | $10M |
| General & Administrative | $10M |
| SG&A Expenses | $19M |
| Other Expenses | $469.0K |
| Operating Expenses | $31M |
| Cost & Expenses | $146M |
| OPERATING INCOME | $34M |
| Interest Income | $894.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $272.0K |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $4M |
| EBIT | $34M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $180M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $65M |
| R&D Expenses | $11M |
| Selling & Marketing | $10M |
| General & Administrative | $10M |
| SG&A Expenses | $19M |
| Other Expenses | $469.0K |
| Operating Expenses | $31M |
| Cost & Expenses | $146M |
| OPERATING INCOME | $34M |
| Interest Income | $894.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $272.0K |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $4M |
| EBIT | $34M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $201.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$38M |
| 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 | -$1M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $769.0K |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $203M |
| Short-Term Investments | $0 |
| Net Receivables | $134M |
| Inventory | $30M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $392M |
| PP&E (Net) | $35M |
| Goodwill | $25M |
| Intangible Assets | $32M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $132M |
| TOTAL ASSETS | $524M |
| Account Payables | $61M |
| Short-Term Debt | $3M |
| Deferred Revenue | $34M |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $147M |
| Long-Term Debt | $101M |
| Deferred Revenue NC | $86M |
| Deferred Tax Liabilities | $26M |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $225M |
| TOTAL LIABILITIES | $371M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $454M |
| Retained Earnings | -$302M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $569.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $152M |
| Minority Interest | $0 |
| TOTAL EQUITY | $152M |
| TOTAL LIABILITIES & EQUITY | $524M |
| Total Debt | $107M |
| Net Debt | -$96M |
