| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $10M | $11M | 2.3% | -5.8% |
| Op. Income | -$2M | -$2M | -$3M | 24.9% | 39.4% |
| Gross Margin | 40.2% | 43.6% | 40.4% | -3.5pp | -0.3pp |
| Net Margin | -16.7% | -23.2% | -27.2% | 6.5pp | 10.4pp |
| EPS (Diluted) | $-0.13 | $-0.18 | $-0.26 | 27.8% | 50.0% |
| Free Cash Flow | -$3M | -$1M | -$3M | -83.0% | 12.3% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $4M |
| R&D Expenses | $1M |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $75.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $7.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $164.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $164.0K |
| Stock-Based Compensation | $158.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$80.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$14.0K |
| Acquisitions (Net) | -$119.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$119.0K |
| NET CASH FROM INVESTING | -$133.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$50.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$50.0K |
| NET CASH FROM FINANCING | -$50.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $9M |
| Other Current Assets | $590.0K |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $4M |
| Goodwill | $533.0K |
| Intangible Assets | $88.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $187.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $36M |
| Account Payables | $2M |
| Short-Term Debt | $1M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $932.0K |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $366.0K |
| Deferred Tax Liabilities | $137.0K |
| Other Non-Current Liabilities | -$2M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $12M |
| Common Stock | $147.0K |
| Additional Paid-In Capital | $73M |
| Retained Earnings | -$49M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $102.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24M |
| Minority Interest | $0 |
| TOTAL EQUITY | $24M |
| TOTAL LIABILITIES & EQUITY | $36M |
| Total Debt | $4M |
| Net Debt | -$9M |
