| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $30M | $20M | -28.1% | 5.7% |
| Op. Income | $4M | $7M | $5M | -47.6% | -21.1% |
| Gross Margin | 36.4% | 37.9% | 40.6% | -1.5pp | -4.2pp |
| Net Margin | 5.7% | 12.3% | 48.1% | -6.6pp | -42.4pp |
| EPS (Diluted) | $0.29 | $0.87 | $2.30 | -66.7% | -87.4% |
| Free Cash Flow | $388.0K | $7M | -$3M | -94.5% | 114.3% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $294.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $4M |
| Interest Income | $338.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $360.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $294.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $294.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $4M |
| Interest Income | $338.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $360.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $294.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $294.0K |
| Stock-Based Compensation | $29.0K |
| Deferred Income Tax | $307.0K |
| Other Non-Cash Items | $254.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $567.0K |
| Capital Expenditure | -$179.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$179.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$985.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $388.0K |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $77M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $599.0K |
| Other Current Assets | $631.0K |
| TOTAL CURRENT ASSETS | $89M |
| PP&E (Net) | $14M |
| Goodwill | $95.0K |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $52.0K |
| Other Non-Current Assets | $455.0K |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $105M |
| Account Payables | $4M |
| Short-Term Debt | $1M |
| Deferred Revenue | $301.0K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $146M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $801.0K |
| TOTAL NON-CURRENT LIABILITIES | $157M |
| TOTAL LIABILITIES | $169M |
| Common Stock | $94.0K |
| Additional Paid-In Capital | $62M |
| Retained Earnings | -$47M |
| Treasury Stock | -$79M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$64M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$64M |
| TOTAL LIABILITIES & EQUITY | $105M |
| Total Debt | $156M |
| Net Debt | $79M |
