| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $2M | $2M | 67.5% | 13.4% |
| Op. Income | -$461.0K | -$1M | -$912.0K | 63.6% | 49.5% |
| Gross Margin | 30.2% | 15.8% | 31.0% | 14.3pp | -0.8pp |
| Net Margin | -15.5% | -75.0% | -43.3% | 59.5pp | 27.9pp |
| EPS (Diluted) | $-0.37 | $-1.10 | $-0.92 | 66.4% | 59.6% |
| Free Cash Flow | -$1M | -$952.0K | -$1M | -5.1% | 23.1% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $834.0K |
| R&D Expenses | $57.0K |
| Selling & Marketing | $302.0K |
| General & Administrative | $936.0K |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$461.0K |
| Interest Income | $33.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $33.0K |
| INCOME BEFORE TAX | -$428.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$428.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$428.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$428.0K |
| D&A | $100.0K |
| EBIT | -$461.0K |
| EBITDA | -$361.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$428.0K |
| Depreciation & Amortization | $100.0K |
| Stock-Based Compensation | $180.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $127.0K |
| Change in Working Capital | -$741.0K |
| OPERATING CASH FLOW | -$889.0K |
| Capital Expenditure | -$112.0K |
| Acquisitions (Net) | $112.0K |
| Purchases of Investments | -$100.0K |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$112.0K |
| NET CASH FROM INVESTING | $808.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$81.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $968.0K |
| Short-Term Investments | $4M |
| Net Receivables | $6M |
| Inventory | $2M |
| Other Current Assets | $294.0K |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $16M |
| Account Payables | $374.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $118.0K |
| Other Current Liabilities | $421.0K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $129.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $129.0K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $60M |
| Retained Earnings | $2M |
| Treasury Stock | -$47M |
| Accum. Other Comp. Income | -$6.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | $0 |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $16M |
| Total Debt | $0 |
| Net Debt | -$968.0K |
