| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $29M | $35M | -12.4% | -28.1% |
| Op. Income | -$4M | $698.0K | $2M | -705.0% | -330.1% |
| Gross Margin | 11.4% | 17.4% | 17.8% | -6.0pp | -6.5pp |
| Net Margin | -15.8% | 1.6% | 5.6% | -17.4pp | -21.4pp |
| EPS (Diluted) | $-0.61 | $0.07 | $0.27 | -971.4% | -325.9% |
| Free Cash Flow | -$1M | -$300.0K | -$2M | -381.0% | 31.1% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $3M |
| Operating Expenses | $7M |
| Cost & Expenses | $30M |
| OPERATING INCOME | -$4M |
| Interest Income | $47.0K |
| Interest Expense | $5.0K |
| Other Income/Expenses | -$48.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$256.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $1M |
| EBIT | -$4M |
| EBITDA | -$3M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $459.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $356.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $8.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $26M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $77M |
| PP&E (Net) | $40M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $955.0K |
| Other Non-Current Assets | $133.0K |
| TOTAL NON-CURRENT ASSETS | $41M |
| TOTAL ASSETS | $118M |
| Account Payables | $11M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $955.0K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $48M |
| Common Stock | $87.0K |
| Additional Paid-In Capital | $28M |
| Retained Earnings | $54M |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | -$17.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $71M |
| Minority Interest | $0 |
| TOTAL EQUITY | $71M |
| TOTAL LIABILITIES & EQUITY | $118M |
| Total Debt | $29M |
| Net Debt | -$4M |
