| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $10M | $8M | 9.3% | 30.6% |
| Op. Income | $2M | $3M | $2M | -11.1% | 24.9% |
| Gross Margin | 74.8% | 78.2% | 76.2% | -3.4pp | -1.4pp |
| Net Margin | 29.8% | 24.6% | 20.5% | 5.1pp | 9.3pp |
| EPS (Diluted) | $0.26 | $0.20 | $0.14 | 30.0% | 85.7% |
| Free Cash Flow | $4M | $3M | $3M | 22.5% | 8.1% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $8M |
| R&D Expenses | $379.3K |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $115.2K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$887.5K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $280.7K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $8M |
| R&D Expenses | $379.3K |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $115.2K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$887.5K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $280.7K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $280.7K |
| Stock-Based Compensation | $548.5K |
| Deferred Income Tax | -$622.8K |
| Other Non-Cash Items | -$59.4K |
| Change in Working Capital | $560.1K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$229.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$57.6K |
| NET CASH FROM INVESTING | $935.5K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$40.0K |
| NET CASH FROM FINANCING | -$40.0K |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $3M |
| Net Receivables | $7M |
| Inventory | $4M |
| Other Current Assets | $407.8K |
| TOTAL CURRENT ASSETS | $59M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $860.1K |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $232.0K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $67M |
| Account Payables | $993.7K |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $190.2K |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $1.2K |
| Additional Paid-In Capital | $19M |
| Retained Earnings | $36M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $30.4K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $56M |
| Minority Interest | $0 |
| TOTAL EQUITY | $56M |
| TOTAL LIABILITIES & EQUITY | $67M |
| Total Debt | $3M |
| Net Debt | -$41M |
