| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $7M | $15M | 19.9% | -44.2% |
| Op. Income | -$1M | -$2M | -$349.0K | 21.3% | -277.9% |
| Gross Margin | 33.2% | 32.3% | 31.7% | 0.9pp | 1.5pp |
| Net Margin | -24.8% | -46.0% | -35.4% | 21.2pp | 10.6pp |
| EPS (Diluted) | $-2.10 | $-3.00 | $-1.07 | 30.0% | -96.3% |
| Free Cash Flow | -$3M | -$2M | -$2M | -32.8% | -15.2% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $3M |
| R&D Expenses | $629.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $12.0K |
| Other Income/Expenses | -$31.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$31.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | -$709.0K |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $604.0K |
| EBIT | -$1M |
| EBITDA | -$715.0K |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $270.0K |
| Deferred Income Tax | -$157.0K |
| Other Non-Cash Items | -$184.0K |
| Change in Working Capital | -$492.0K |
| OPERATING CASH FLOW | -$745.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $229.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $229.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.0K |
| NET CASH FROM FINANCING | -$292.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $14M |
| Other Current Assets | $149.0K |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $16M |
| Goodwill | $3M |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $68.0K |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $30M |
| TOTAL ASSETS | $62M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $210.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $12M |
| Common Stock | $141.0K |
| Additional Paid-In Capital | $124M |
| Retained Earnings | -$73M |
| Treasury Stock | -$17M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $50M |
| Minority Interest | $0 |
| TOTAL EQUITY | $50M |
| TOTAL LIABILITIES & EQUITY | $62M |
| Total Debt | $2M |
| Net Debt | -$2M |
