| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $103M | $102M | $101M | 1.1% | 2.0% |
| Op. Income | $17M | $14M | $13M | 16.0% | 28.8% |
| Gross Margin | 59.4% | 58.7% | 57.5% | 0.7pp | 1.9pp |
| Net Margin | 13.1% | 8.4% | 6.9% | 4.7pp | 6.2pp |
| EPS (Diluted) | $0.10 | $0.06 | $0.05 | 66.7% | 100.0% |
| Free Cash Flow | $15M | $41M | $7M | -63.4% | 123.2% |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $61M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | -$61.0K |
| Operating Expenses | $44M |
| Cost & Expenses | $87M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $8M |
| EBIT | $17M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $61M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | -$61.0K |
| Operating Expenses | $44M |
| Cost & Expenses | $87M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $8M |
| EBIT | $17M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$33M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$38M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $97M |
| Short-Term Investments | $0 |
| Net Receivables | $47M |
| Inventory | $60M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $239M |
| PP&E (Net) | $65M |
| Goodwill | $268M |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $226.0K |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $354M |
| TOTAL ASSETS | $593M |
| Account Payables | $30M |
| Short-Term Debt | $17M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $81M |
| Long-Term Debt | $139M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $202M |
| TOTAL LIABILITIES | $284M |
| Common Stock | $1M |
| Additional Paid-In Capital | $758M |
| Retained Earnings | -$447M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $310M |
| Minority Interest | $0 |
| TOTAL EQUITY | $310M |
| TOTAL LIABILITIES & EQUITY | $593M |
| Total Debt | $184M |
| Net Debt | $86M |
