| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $57M | $57M | $51M | 0.1% | 12.5% |
| Op. Income | -$5M | -$4M | -$3M | -1.7% | -41.5% |
| Gross Margin | 55.5% | 56.3% | 61.5% | -0.9pp | -6.0pp |
| Net Margin | -8.2% | -7.7% | -7.3% | -0.5pp | -0.8pp |
| EPS (Diluted) | $-0.14 | $-0.13 | $-0.12 | -7.7% | -16.7% |
| Free Cash Flow | $3M | -$5M | -$6M | 151.9% | 142.3% |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $12M |
| General & Administrative | $21M |
| SG&A Expenses | $33M |
| Other Expenses | $3M |
| Operating Expenses | $36M |
| Cost & Expenses | $61M |
| OPERATING INCOME | -$5M |
| Interest Income | $454.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $454.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $542.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $1M |
| EBIT | -$5M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $84.0K |
| Other Non-Cash Items | $900.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $6.0K |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | $82.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5.0K |
| NET CASH FROM FINANCING | $5.0K |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $30M |
| Net Receivables | $8M |
| Inventory | $9M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $91M |
| PP&E (Net) | $19M |
| Goodwill | $60M |
| Intangible Assets | $6M |
| Long-Term Investments | $6M |
| Tax Assets | $869.0K |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $100M |
| TOTAL ASSETS | $191M |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $51M |
| TOTAL CURRENT LIABILITIES | $68M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $70M |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $241M |
| Retained Earnings | -$113M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $121M |
| Minority Interest | $0 |
| TOTAL EQUITY | $121M |
| TOTAL LIABILITIES & EQUITY | $191M |
| Total Debt | $0 |
| Net Debt | -$36M |
