| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | 7.5% | 12.3% |
| Op. Income | $203.0K | $371.0K | $103.0K | -45.3% | 97.1% |
| Gross Margin | 50.1% | 52.5% | 54.6% | -2.4pp | -4.5pp |
| Net Margin | 5.1% | 5.4% | 5.2% | -0.3pp | -0.0pp |
| EPS (Diluted) | $0.02 | $0.01 | $0.02 | 81.8% | 0.0% |
| Free Cash Flow | $591.0K | -$415.0K | $576.0K | 242.4% | 2.6% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $1M |
| R&D Expenses | $292.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $586.0K |
| Other Expenses | $0 |
| Operating Expenses | $878.0K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $203.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $25.0K |
| INCOME BEFORE TAX | $228.0K |
| Income Tax Expense | $117.0K |
| Net Income from Continuing Ops | $111.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111.0K |
| D&A | $40.0K |
| EBIT | $203.0K |
| EBITDA | $243.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $1M |
| R&D Expenses | $292.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $586.0K |
| Other Expenses | $0 |
| Operating Expenses | $878.0K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $203.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $25.0K |
| INCOME BEFORE TAX | $228.0K |
| Income Tax Expense | $117.0K |
| Net Income from Continuing Ops | $111.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111.0K |
| D&A | $40.0K |
| EBIT | $203.0K |
| EBITDA | $243.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $111.0K |
| Depreciation & Amortization | $89.0K |
| Stock-Based Compensation | $20.0K |
| Deferred Income Tax | $7.0K |
| Other Non-Cash Items | $104.0K |
| Change in Working Capital | $237.0K |
| OPERATING CASH FLOW | $561.0K |
| Capital Expenditure | $30.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$34.0K |
| NET CASH FROM INVESTING | -$4.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$6.0K |
| FREE CASH FLOW | $591.0K |
| Net Change in Cash | $507.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $920.0K |
| Inventory | $1M |
| Other Current Assets | $32.0K |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $684.0K |
| Goodwill | $0 |
| Intangible Assets | $156.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $473.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $10M |
| Account Payables | $184.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $147.0K |
| TOTAL CURRENT LIABILITIES | $662.0K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $662.0K |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $58M |
| Retained Earnings | -$49M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$116.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $10M |
| Total Debt | $0 |
| Net Debt | -$6M |
