| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $9M | $8M | 8.0% | 30.8% |
| Op. Income | $3M | $2M | $1M | 6.0% | 73.9% |
| Gross Margin | 78.2% | 79.9% | 76.0% | -1.6pp | 2.2pp |
| Net Margin | 24.6% | 22.6% | 31.5% | 2.0pp | -6.9pp |
| EPS (Diluted) | $0.20 | $0.17 | $0.20 | 17.6% | 0.0% |
| Free Cash Flow | $3M | $2M | $675.7K | 25.4% | 349.2% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $8M |
| R&D Expenses | $369.5K |
| Selling & Marketing | $2M |
| General & Administrative | $3M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $110.1K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $174.0K |
| 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 | $288.9K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $8M |
| R&D Expenses | $369.5K |
| Selling & Marketing | $2M |
| General & Administrative | $3M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $110.1K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $174.0K |
| 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 | $288.9K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $288.9K |
| Stock-Based Compensation | $455.6K |
| Deferred Income Tax | -$9.5K |
| Other Non-Cash Items | -$6.4K |
| Change in Working Capital | -$45.3K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$102.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.2K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $4M |
| Net Receivables | $7M |
| Inventory | $4M |
| Other Current Assets | $566.4K |
| TOTAL CURRENT ASSETS | $56M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $825.0K |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $207.8K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $63M |
| Account Payables | $1M |
| Short-Term Debt | $237.3K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $33.4K |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$3M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $1.1K |
| Additional Paid-In Capital | $19M |
| Retained Earnings | $33M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $29.1K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $52M |
| Minority Interest | $0 |
| TOTAL EQUITY | $52M |
| TOTAL LIABILITIES & EQUITY | $63M |
| Total Debt | $3M |
| Net Debt | -$36M |
