| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27M | $25M | $24M | 7.3% | 12.7% |
| Op. Income | $1M | $1M | -$10M | 16.0% | 113.1% |
| Gross Margin | 58.6% | 58.6% | 53.6% | -0.0pp | 5.0pp |
| Net Margin | 3.2% | 4.0% | -46.8% | -0.8pp | 50.0pp |
| EPS (Diluted) | $0.21 | $0.25 | $-2.93 | -16.0% | 107.2% |
| Free Cash Flow | $10M | $3M | $7M | 213.2% | 33.8% |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $16M |
| R&D Expenses | $860.0K |
| Selling & Marketing | $2M |
| General & Administrative | $8M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $395.0K |
| Other Income/Expenses | -$372.0K |
| INCOME BEFORE TAX | $948.0K |
| Income Tax Expense | $90.0K |
| Net Income from Continuing Ops | $858.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $858.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $858.0K |
| D&A | $2M |
| EBIT | $1M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $16M |
| R&D Expenses | $860.0K |
| Selling & Marketing | $2M |
| General & Administrative | $8M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $395.0K |
| Other Income/Expenses | -$372.0K |
| INCOME BEFORE TAX | $948.0K |
| Income Tax Expense | $90.0K |
| Net Income from Continuing Ops | $858.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $858.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $858.0K |
| D&A | $2M |
| EBIT | $1M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $858.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $695.0K |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $25.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$358.0K |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$617.0K |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $104.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $8M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $23M |
| Goodwill | $64M |
| Intangible Assets | $38M |
| Long-Term Investments | -$118.0K |
| Tax Assets | $118.0K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $126M |
| TOTAL ASSETS | $158M |
| Account Payables | $2M |
| Short-Term Debt | $2M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $27M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $114.0K |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $51M |
| Common Stock | $37M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $73M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $108M |
| Minority Interest | $0 |
| TOTAL EQUITY | $108M |
| TOTAL LIABILITIES & EQUITY | $158M |
| Total Debt | $29M |
| Net Debt | $23M |
