| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $8M | $9M | 33.3% | 20.8% |
| Op. Income | -$237.8K | -$779.8K | $381.8K | 69.5% | -162.3% |
| Gross Margin | 28.8% | 33.9% | 36.4% | -5.2pp | -7.6pp |
| Net Margin | -1.8% | -9.9% | 3.8% | 8.0pp | -5.7pp |
| EPS (Diluted) | $-0.24 | $-1.06 | $0.50 | 77.4% | -148.0% |
| Free Cash Flow | $454.6K | -$1M | -$2M | 139.4% | 127.7% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $3M |
| R&D Expenses | $563.9K |
| Selling & Marketing | $2M |
| General & Administrative | $733.5K |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$237.8K |
| Interest Income | $5.6K |
| Interest Expense | $0 |
| Other Income/Expenses | $41.8K |
| INCOME BEFORE TAX | -$196.0K |
| Income Tax Expense | $3.6K |
| Net Income from Continuing Ops | -$199.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$199.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$199.6K |
| D&A | $91.0K |
| EBIT | -$237.8K |
| EBITDA | -$146.8K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$199.6K |
| Depreciation & Amortization | $91.0K |
| Stock-Based Compensation | $118.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2.4K |
| Change in Working Capital | $473.0K |
| OPERATING CASH FLOW | $485.0K |
| Capital Expenditure | -$30.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$30.3K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $34.4K |
| NET CASH FROM FINANCING | $34.4K |
| FREE CASH FLOW | $454.6K |
| Net Change in Cash | $489.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $6M |
| Other Current Assets | $356.4K |
| TOTAL CURRENT ASSETS | $14M |
| PP&E (Net) | $411.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $203.0K |
| TOTAL NON-CURRENT ASSETS | $614.0K |
| TOTAL ASSETS | $14M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $970.0K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $26.0K |
| TOTAL LIABILITIES | $7M |
| Common Stock | $208.8K |
| Additional Paid-In Capital | $46M |
| Retained Earnings | -$39M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $127.0K |
| Net Debt | -$2M |
