| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $11M | $9M | 13.1% | 34.7% |
| Op. Income | $5M | $5M | $4M | 18.6% | 28.5% |
| Gross Margin | 91.9% | 92.7% | 94.8% | -0.8pp | -2.9pp |
| Net Margin | 89.4% | 137.3% | 175.6% | -47.9pp | -86.2pp |
| EPS (Diluted) | $0.49 | $0.67 | $0.82 | -26.9% | -40.2% |
| Free Cash Flow | -$59M | -$55M | -$42M | -7.0% | -39.0% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $989.0K |
| GROSS PROFIT | $11M |
| R&D Expenses | $65.0K |
| Selling & Marketing | $2M |
| General & Administrative | $4M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $1M |
| EBIT | $14M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $989.0K |
| GROSS PROFIT | $11M |
| R&D Expenses | $65.0K |
| Selling & Marketing | $2M |
| General & Administrative | $4M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $1M |
| EBIT | $14M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $580.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | -$747.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$56M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$48M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $232.0K |
| NET CASH FROM INVESTING | -$103M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $1.0K |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | -$59M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $216.0K |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $11M |
| Tax Assets | $4M |
| Other Non-Current Assets | $733M |
| TOTAL NON-CURRENT ASSETS | $757M |
| TOTAL ASSETS | $776M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $166M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $166M |
| TOTAL LIABILITIES | $187M |
| Common Stock | $222.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $588M |
| TOTAL STOCKHOLDERS' EQUITY | $589M |
| Minority Interest | $0 |
| TOTAL EQUITY | $589M |
| TOTAL LIABILITIES & EQUITY | $776M |
| Total Debt | $166M |
| Net Debt | $159M |
