| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $12M | $13M | -59.6% | -62.1% |
| Op. Income | -$2M | -$3M | -$238.3K | 39.9% | -773.4% |
| Gross Margin | 55.2% | 31.6% | 29.8% | 23.6pp | 25.4pp |
| Net Margin | -72.8% | -40.0% | -3.8% | -32.8pp | -69.0pp |
| EPS (Diluted) | $-0.18 | $-0.25 | $-0.03 | 28.0% | -420.2% |
| Free Cash Flow | -$6M | -$2M | $257.3K | -185.5% | -2297.4% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $450.0K |
| Selling & Marketing | $1M |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $172.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | -$100.0K |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $418.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $288.0K |
| Stock-Based Compensation | $76.0K |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $402.0K |
| Change in Working Capital | $248.0K |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$165.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$165.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $385.0K |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $2M |
| Goodwill | $6M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $31M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $720.0K |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $20M |
| Deferred Revenue NC | $775.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $179.0K |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $33M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $17M |
| Retained Earnings | -$24M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2M |
| TOTAL LIABILITIES & EQUITY | $31M |
| Total Debt | $23M |
| Net Debt | $21M |
