| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $9M | $9M | 21.5% | 24.2% |
| Op. Income | -$1M | -$9M | -$5M | 86.1% | 75.3% |
| Gross Margin | 99.4% | 99.5% | 99.3% | -0.1pp | 0.1pp |
| Net Margin | -13.1% | -98.6% | -54.3% | 85.5pp | 41.2pp |
| EPS (Diluted) | $-0.04 | $-0.27 | $-0.15 | 83.8% | 70.9% |
| Free Cash Flow | -$7M | -$16M | -$6M | 57.4% | -7.7% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $62.0K |
| GROSS PROFIT | $11M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $8M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $24.0K |
| Other Income/Expenses | -$24.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $88.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $411.0K |
| EBIT | -$1M |
| EBITDA | -$864.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $183.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $45.0K |
| Other Non-Cash Items | $362.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$3.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $925.0K |
| NET CASH FROM FINANCING | $925.0K |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $9M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $109M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $295.0K |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $128M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $27M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $43M |
| Common Stock | $252M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$120M |
| Treasury Stock | -$48M |
| Accum. Other Comp. Income | $132.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $84M |
| Minority Interest | $0 |
| TOTAL EQUITY | $84M |
| TOTAL LIABILITIES & EQUITY | $128M |
| Total Debt | $1M |
| Net Debt | -$85M |
