| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $4M | $3M | 9.2% | 35.4% |
| Op. Income | $386.6K | $173.1K | -$1M | 123.4% | 136.1% |
| Gross Margin | 55.0% | 55.8% | 46.7% | -0.8pp | 8.3pp |
| Net Margin | 11.1% | 4.8% | -30.7% | 6.3pp | 41.9pp |
| EPS (Diluted) | $0.03 | $0.01 | $-0.06 | 200.0% | 148.5% |
| Free Cash Flow | $1M | $899.6K | -$3M | 47.0% | 151.7% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $722.5K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $386.6K |
| Interest Income | $99.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $124.6K |
| INCOME BEFORE TAX | $511.3K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $511.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $511.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $511.3K |
| D&A | $107.5K |
| EBIT | $386.6K |
| EBITDA | $494.1K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $722.5K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $386.6K |
| Interest Income | $99.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $124.6K |
| INCOME BEFORE TAX | $511.3K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $511.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $511.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $511.3K |
| D&A | $107.5K |
| EBIT | $386.6K |
| EBITDA | $494.1K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $511.3K |
| Depreciation & Amortization | $107.5K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $706.8K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$3.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3.4K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $4M |
| Other Current Assets | $327.8K |
| TOTAL CURRENT ASSETS | $29M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $54.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $106.2K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $38M |
| Account Payables | $823.1K |
| Short-Term Debt | $0 |
| Deferred Revenue | $183.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $129.6K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $129.6K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $52M |
| Retained Earnings | $5M |
| Treasury Stock | -$21M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35M |
| Minority Interest | $0 |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $38M |
| Total Debt | $0 |
| Net Debt | -$23M |
