| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $4M | — | 40.0% | — |
| Op. Income | $239.8K | -$1M | — | 119.3% | — |
| Gross Margin | 48.4% | 45.3% | — | 3.1pp | — |
| Net Margin | 5.5% | -18.5% | — | 23.9pp | — |
| EPS (Diluted) | $0.01 | $-0.02 | — | 147.8% | — |
| Free Cash Flow | $357.4K | $124.3K | — | 187.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $2M |
| R&D Expenses | $632.4K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $239.8K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $30.5K |
| INCOME BEFORE TAX | $270.3K |
| Income Tax Expense | -$6.6K |
| Net Income from Continuing Ops | $276.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $276.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $276.9K |
| D&A | $36.3K |
| EBIT | $239.8K |
| EBITDA | $276.1K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $2M |
| R&D Expenses | $632.4K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $239.8K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $30.5K |
| INCOME BEFORE TAX | $270.3K |
| Income Tax Expense | -$6.6K |
| Net Income from Continuing Ops | $276.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $276.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $276.9K |
| D&A | $36.3K |
| EBIT | $239.8K |
| EBITDA | $276.1K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $276.9K |
| Depreciation & Amortization | $36.3K |
| Stock-Based Compensation | $148.0K |
| Deferred Income Tax | -$6.9K |
| Other Non-Cash Items | -$24.9K |
| Change in Working Capital | -$34.6K |
| OPERATING CASH FLOW | $394.9K |
| Capital Expenditure | -$37.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$689.6K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $493.3K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$318.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$318.0K |
| FREE CASH FLOW | $357.4K |
| Net Change in Cash | $570.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $2M |
| Net Receivables | $3M |
| Inventory | $5M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $26M |
| PP&E (Net) | $506.7K |
| Goodwill | $0 |
| Intangible Assets | $59.6K |
| Long-Term Investments | $2M |
| Tax Assets | $9M |
| Other Non-Current Assets | $438.3K |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $38M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $339.1K |
| Other Current Liabilities | $261.3K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $53.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $104.1K |
| TOTAL NON-CURRENT LIABILITIES | $157.1K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $318 |
| Additional Paid-In Capital | $86M |
| Retained Earnings | -$51M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$48 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35M |
| Minority Interest | $0 |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $38M |
| Total Debt | $0 |
| Net Debt | -$16M |
