| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $21M | $20M | 6.5% | 8.4% |
| Op. Income | -$1M | -$2M | -$3M | 16.2% | 50.7% |
| Gross Margin | 60.2% | 61.9% | 47.1% | -1.7pp | 13.1pp |
| Net Margin | -3.1% | -3.5% | -10.3% | 0.3pp | 7.2pp |
| EPS (Diluted) | $-0.02 | $-0.02 | $-0.06 | 3.6% | 67.2% |
| Free Cash Flow | $15M | $3M | -$5M | 344.7% | 429.7% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $13M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $23M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $202.0K |
| Other Income/Expenses | $202.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$511.0K |
| Net Income from Continuing Ops | -$687.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$687.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$687.0K |
| D&A | $174.0K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$687.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $275.0K |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $262.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $100M |
| Short-Term Investments | $0 |
| Net Receivables | $35M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $143M |
| PP&E (Net) | $47M |
| Goodwill | $2M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $23M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $87M |
| TOTAL ASSETS | $229M |
| Account Payables | $2M |
| Short-Term Debt | $2M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $34M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $322M |
| Retained Earnings | -$35M |
| Treasury Stock | -$91M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $195M |
| Minority Interest | $0 |
| TOTAL EQUITY | $195M |
| TOTAL LIABILITIES & EQUITY | $229M |
| Total Debt | $10M |
| Net Debt | -$91M |
