| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $56M | $58M | $51M | -3.7% | 10.8% |
| Op. Income | $2M | $581.0K | $2M | 285.7% | -2.5% |
| Gross Margin | 83.4% | 83.2% | 82.4% | 0.3pp | 1.1pp |
| Net Margin | 3.2% | 1.4% | 3.2% | 1.8pp | -0.1pp |
| EPS (Diluted) | $0.12 | $0.06 | $0.12 | 100.0% | 0.0% |
| Free Cash Flow | $2M | $4M | $2M | -44.3% | 32.0% |
| Item | Amount |
|---|---|
| REVENUE | $56M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $47M |
| R&D Expenses | $100.0K |
| Selling & Marketing | $27M |
| General & Administrative | $17M |
| SG&A Expenses | $45M |
| Other Expenses | -$11.0K |
| Operating Expenses | $45M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $72.0K |
| Other Income/Expenses | -$83.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $376.0K |
| 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 | $478.0K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $56M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $47M |
| R&D Expenses | $100.0K |
| Selling & Marketing | $27M |
| General & Administrative | $17M |
| SG&A Expenses | $45M |
| Other Expenses | -$11.0K |
| Operating Expenses | $45M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $72.0K |
| Other Income/Expenses | -$83.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $376.0K |
| 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 | $478.0K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $478.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$66.0K |
| Other Non-Cash Items | $12.0K |
| Change in Working Capital | $574.0K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $381.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $14M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $43M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $54M |
| Account Payables | $5M |
| Short-Term Debt | $2M |
| Deferred Revenue | $188.0K |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $29M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $126M |
| Retained Earnings | -$101M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$32.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25M |
| Minority Interest | $0 |
| TOTAL EQUITY | $25M |
| TOTAL LIABILITIES & EQUITY | $54M |
| Total Debt | $2M |
| Net Debt | -$14M |
