| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $66M | $64M | $57M | 3.5% | 15.0% |
| Op. Income | $4M | $4M | $4M | -8.5% | 13.1% |
| Gross Margin | 37.7% | 38.3% | 40.0% | -0.6pp | -2.4pp |
| Net Margin | 4.4% | 4.6% | 3.8% | -0.2pp | 0.5pp |
| EPS (Diluted) | $0.11 | $0.11 | $0.08 | 0.0% | 37.5% |
| Free Cash Flow | $11M | $8M | $9M | 31.5% | 16.3% |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $25M |
| R&D Expenses | $6M |
| Selling & Marketing | $9M |
| General & Administrative | $4M |
| SG&A Expenses | $12M |
| Other Expenses | $3M |
| Operating Expenses | $21M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $419.0K |
| Other Income/Expenses | -$419.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $680.0K |
| 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 | $3M |
| EBIT | $4M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $25M |
| R&D Expenses | $6M |
| Selling & Marketing | $9M |
| General & Administrative | $4M |
| SG&A Expenses | $12M |
| Other Expenses | $3M |
| Operating Expenses | $21M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $419.0K |
| Other Income/Expenses | -$419.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $680.0K |
| 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 | $3M |
| EBIT | $4M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $678.0K |
| Deferred Income Tax | -$363.0K |
| Other Non-Cash Items | $76.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$248.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $574.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $17M |
| Net Receivables | $40M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $96M |
| PP&E (Net) | $36M |
| Goodwill | $0 |
| Intangible Assets | $129M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $736.0K |
| TOTAL NON-CURRENT ASSETS | $171M |
| TOTAL ASSETS | $267M |
| Account Payables | $40M |
| Short-Term Debt | $8M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $686.0K |
| TOTAL CURRENT LIABILITIES | $72M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $38M |
| TOTAL LIABILITIES | $109M |
| Common Stock | $212.0K |
| Additional Paid-In Capital | $242M |
| Retained Earnings | -$83M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $36.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $158M |
| Minority Interest | $0 |
| TOTAL EQUITY | $158M |
| TOTAL LIABILITIES & EQUITY | $267M |
| Total Debt | $43M |
| Net Debt | $8M |
