| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $6M | $8M | -10.9% | -29.2% |
| Op. Income | $3M | $4M | $5M | -18.4% | -41.3% |
| Gross Margin | 76.8% | 81.3% | 81.4% | -4.6pp | -4.7pp |
| Net Margin | 51.2% | 54.6% | 49.1% | -3.4pp | 2.0pp |
| EPS (Diluted) | $0.59 | $0.71 | $0.80 | -16.9% | -26.3% |
| Free Cash Flow | $3M | $3M | $4M | -24.8% | -33.7% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $4M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $248.9K |
| SG&A Expenses | $248.9K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $3M |
| Interest Income | $460.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $460.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $623.6K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $173.5K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $4M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $248.9K |
| SG&A Expenses | $248.9K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $3M |
| Interest Income | $460.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $460.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $623.6K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $173.5K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $173.5K |
| Stock-Based Compensation | $93.4K |
| Deferred Income Tax | -$621 |
| Other Non-Cash Items | -$30.9K |
| Change in Working Capital | -$491.8K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $670.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $12M |
| Net Receivables | $3M |
| Inventory | $4M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $894.8K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $55M |
| Tax Assets | $353.7K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $56M |
| TOTAL ASSETS | $84M |
| Account Payables | $375.2K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $835.7K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $835.7K |
| Common Stock | $48.5K |
| Additional Paid-In Capital | $20M |
| Retained Earnings | $63M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$82.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $83M |
| Minority Interest | $0 |
| TOTAL EQUITY | $83M |
| TOTAL LIABILITIES & EQUITY | $84M |
| Total Debt | $0 |
| Net Debt | -$7M |
