| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $5M | $4M | 4.6% | 31.7% |
| Op. Income | $873.0K | $386.6K | -$444.2K | 125.8% | 296.5% |
| Gross Margin | 59.5% | 55.0% | 49.8% | 4.5pp | 9.7pp |
| Net Margin | 20.8% | 11.1% | -11.4% | 9.6pp | 32.1pp |
| EPS (Diluted) | $0.06 | $0.03 | $-0.02 | 100.0% | 343.9% |
| Free Cash Flow | -$146.6K | $1M | -$488.7K | -111.1% | 70.0% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $522.4K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $873.0K |
| Interest Income | $101.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $118.1K |
| INCOME BEFORE TAX | $991.1K |
| Income Tax Expense | -$6.0K |
| Net Income from Continuing Ops | $997.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $997.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $997.1K |
| D&A | $108.9K |
| EBIT | $873.0K |
| EBITDA | $982.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $522.4K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $873.0K |
| Interest Income | $101.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $118.1K |
| INCOME BEFORE TAX | $991.1K |
| Income Tax Expense | -$6.0K |
| Net Income from Continuing Ops | $997.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $997.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $997.1K |
| D&A | $108.9K |
| EBIT | $873.0K |
| EBITDA | $982.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $997.1K |
| Depreciation & Amortization | $108.9K |
| Stock-Based Compensation | -$29.9K |
| Deferred Income Tax | $24 |
| Other Non-Cash Items | $98.7K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$140.9K |
| Capital Expenditure | -$5.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$81.3K |
| NET CASH FROM INVESTING | -$5.7K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$146.6K |
| Net Change in Cash | -$146.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $4M |
| Other Current Assets | $339.7K |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $49.2K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $104.8K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $39M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $29.2K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $129.7K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $129.7K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $52M |
| Retained Earnings | $6M |
| Treasury Stock | -$21M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $36M |
| Minority Interest | $0 |
| TOTAL EQUITY | $36M |
| TOTAL LIABILITIES & EQUITY | $39M |
| Total Debt | $0 |
| Net Debt | -$22M |
