| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $10M | $8M | -13.0% | 18.0% |
| Op. Income | $686.5K | $1M | -$178.1K | -52.2% | 485.4% |
| Gross Margin | 51.9% | 50.9% | 49.2% | 1.0pp | 2.7pp |
| Net Margin | 7.2% | 11.6% | -1.1% | -4.4pp | 8.3pp |
| EPS (Diluted) | $0.02 | $0.04 | $-0.00 | -50.0% | 900.0% |
| Free Cash Flow | $3M | $4M | -$822.0K | -16.6% | 500.7% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $5M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $686.5K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $69.9K |
| INCOME BEFORE TAX | $756.4K |
| Income Tax Expense | $118.3K |
| Net Income from Continuing Ops | $638.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $638.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $638.0K |
| D&A | $205.7K |
| EBIT | $686.5K |
| EBITDA | $892.1K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $5M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $686.5K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $69.9K |
| INCOME BEFORE TAX | $756.4K |
| Income Tax Expense | $118.3K |
| Net Income from Continuing Ops | $638.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $638.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $638.0K |
| D&A | $205.7K |
| EBIT | $686.5K |
| EBITDA | $892.1K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $638.0K |
| Depreciation & Amortization | $205.7K |
| Stock-Based Compensation | $257.6K |
| Deferred Income Tax | $118.3K |
| Other Non-Cash Items | $6.4K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$3.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$972.0K |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $331.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9.4K |
| NET CASH FROM FINANCING | $9.4K |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $3M |
| Net Receivables | $7M |
| Inventory | $6M |
| Other Current Assets | $577.7K |
| TOTAL CURRENT ASSETS | $29M |
| PP&E (Net) | $2M |
| Goodwill | $2M |
| Intangible Assets | $1M |
| Long-Term Investments | $1M |
| Tax Assets | $5M |
| Other Non-Current Assets | $558.9K |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $42M |
| Account Payables | $812.5K |
| Short-Term Debt | $290.6K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $234.4K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $34.2K |
| Deferred Revenue NC | $600.8K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $326 |
| Additional Paid-In Capital | $89M |
| Retained Earnings | -$54M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$312.3K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35M |
| Minority Interest | $0 |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $42M |
| Total Debt | $324.8K |
| Net Debt | -$11M |
