| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $9M | $9M | -7.5% | -7.0% |
| Op. Income | $20.8K | $194.6K | $215.8K | -89.3% | -90.4% |
| Gross Margin | 39.3% | 41.4% | 38.7% | -2.1pp | 0.6pp |
| Net Margin | -4.5% | 0.2% | 14.4% | -4.6pp | -18.9pp |
| EPS (Diluted) | $-0.01 | $0.00 | $0.04 | -2366.7% | -134.0% |
| Free Cash Flow | -$69.2K | -$609.3K | $473.3K | 88.6% | -114.6% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $3M |
| R&D Expenses | $505.6K |
| Selling & Marketing | -$32.1K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $64.3K |
| Operating Expenses | $3M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $20.8K |
| Interest Income | $0 |
| Interest Expense | $275.2K |
| Other Income/Expenses | -$211.0K |
| INCOME BEFORE TAX | -$190.1K |
| Income Tax Expense | $161.9K |
| Net Income from Continuing Ops | -$352.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$352.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$352.0K |
| D&A | $857.3K |
| EBIT | $85.1K |
| EBITDA | $942.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$352.0K |
| Depreciation & Amortization | $857.3K |
| Stock-Based Compensation | $98.5K |
| Deferred Income Tax | -$298.0K |
| Other Non-Cash Items | $232.1K |
| Change in Working Capital | -$113.7K |
| OPERATING CASH FLOW | $424.1K |
| Capital Expenditure | -$493.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $206.3K |
| NET CASH FROM INVESTING | -$287.0K |
| Net Debt Issuance | -$219.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$62.3K |
| NET CASH FROM FINANCING | -$282.1K |
| FREE CASH FLOW | -$69.2K |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $8M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $13M |
| Goodwill | $6M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $319.0K |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $47M |
| Account Payables | $2M |
| Short-Term Debt | $581.4K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $633.5K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $12M |
| Common Stock | $258.1K |
| Additional Paid-In Capital | $230M |
| Retained Earnings | -$196M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $752.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35M |
| Minority Interest | $0 |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $47M |
| Total Debt | $7M |
| Net Debt | $2M |
