| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $33M | $29M | -2.1% | 12.8% |
| Op. Income | $4M | $7M | $6M | -37.8% | -33.0% |
| Gross Margin | 72.6% | 75.5% | 67.8% | -2.9pp | 4.7pp |
| Net Margin | 8.2% | 21.3% | 13.4% | -13.1pp | -5.2pp |
| EPS (Diluted) | $0.02 | $0.06 | $0.01 | -63.6% | 90.5% |
| Free Cash Flow | -$91M | $33M | $417M | -378.0% | -122.0% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $24M |
| R&D Expenses | $9M |
| Selling & Marketing | $5M |
| General & Administrative | $5M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $4M |
| Interest Income | $15M |
| Interest Expense | $2M |
| Other Income/Expenses | -$459.7K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $937.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $0 |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $24M |
| R&D Expenses | $9M |
| Selling & Marketing | $5M |
| General & Administrative | $5M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $4M |
| Interest Income | $15M |
| Interest Expense | $2M |
| Other Income/Expenses | -$459.7K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $937.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $0 |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $381.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$95M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$91M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $64M |
| NET CASH FROM FINANCING | $64M |
| FREE CASH FLOW | -$91M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $53M |
| Short-Term Investments | $7M |
| Net Receivables | $656M |
| Inventory | $0 |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $823.3K |
| Tax Assets | $0 |
| Other Non-Current Assets | $47M |
| TOTAL NON-CURRENT ASSETS | $48M |
| TOTAL ASSETS | $2.2B |
| Account Payables | $1.7B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $168M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $168M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $8.9K |
| Additional Paid-In Capital | $322M |
| Retained Earnings | -$3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $96.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $318M |
| Minority Interest | $0 |
| TOTAL EQUITY | $318M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $168M |
| Net Debt | $115M |
