| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $53M | $51M | $64M | 2.7% | -17.4% |
| Op. Income | $6M | $7M | $16M | -4.4% | -58.9% |
| Gross Margin | 52.4% | 55.0% | 58.9% | -2.6pp | -6.6pp |
| Net Margin | 16.3% | 12.7% | 20.9% | 3.7pp | -4.6pp |
| EPS (Diluted) | $0.30 | $0.23 | $0.46 | 30.4% | -34.8% |
| Free Cash Flow | $1M | -$7M | $3M | 119.5% | -52.2% |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $27M |
| R&D Expenses | $11M |
| Selling & Marketing | $7M |
| General & Administrative | $3M |
| SG&A Expenses | $10M |
| Other Expenses | $657.0K |
| Operating Expenses | $21M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $6M |
| Interest Income | $887.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $887.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $4M |
| EBIT | $6M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $27M |
| R&D Expenses | $11M |
| Selling & Marketing | $7M |
| General & Administrative | $3M |
| SG&A Expenses | $10M |
| Other Expenses | $657.0K |
| Operating Expenses | $21M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $6M |
| Interest Income | $887.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $887.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $4M |
| EBIT | $6M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$410.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $95.0K |
| NET CASH FROM FINANCING | $95.0K |
| FREE CASH FLOW | $1M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $153M |
| Net Receivables | $47M |
| Inventory | $50M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $292M |
| PP&E (Net) | $51M |
| Goodwill | $20M |
| Intangible Assets | $8M |
| Long-Term Investments | $2M |
| Tax Assets | $5M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $87M |
| TOTAL ASSETS | $379M |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $46M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $32M |
| TOTAL LIABILITIES | $79M |
| Common Stock | $301M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $301M |
| Minority Interest | $0 |
| TOTAL EQUITY | $301M |
| TOTAL LIABILITIES & EQUITY | $379M |
| Total Debt | $29M |
| Net Debt | $3M |
