| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | -9.4% | -11.9% |
| Op. Income | $2.0K | $291.0K | $362.0K | -99.3% | -99.4% |
| Gross Margin | 64.9% | 70.7% | 69.4% | -5.8pp | -4.4pp |
| Net Margin | 2.3% | 17.2% | 19.1% | -14.9pp | -16.8pp |
| EPS (Diluted) | $0.10 | $0.81 | $0.94 | -87.8% | -89.5% |
| Free Cash Flow | $160.0K | $469.0K | $137.0K | -65.9% | 16.8% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $575.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $374.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $689.0K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $2.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $3.0K |
| INCOME BEFORE TAX | $5.0K |
| Income Tax Expense | -$33.0K |
| Net Income from Continuing Ops | $38.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38.0K |
| D&A | $21.0K |
| EBIT | $2.0K |
| EBITDA | $23.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $575.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $374.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $689.0K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $2.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $3.0K |
| INCOME BEFORE TAX | $5.0K |
| Income Tax Expense | -$33.0K |
| Net Income from Continuing Ops | $38.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38.0K |
| D&A | $21.0K |
| EBIT | $2.0K |
| EBITDA | $23.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $38.0K |
| Depreciation & Amortization | $21.0K |
| Stock-Based Compensation | $6.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$98.0K |
| Change in Working Capital | $218.0K |
| OPERATING CASH FLOW | $185.0K |
| Capital Expenditure | -$25.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$25.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $160.0K |
| Net Change in Cash | $160.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $705.0K |
| Inventory | $926.0K |
| Other Current Assets | $78.0K |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $161.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $395.0K |
| TOTAL NON-CURRENT ASSETS | $556.0K |
| TOTAL ASSETS | $5M |
| Account Payables | $99.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $34.0K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1M |
| Common Stock | $106.0K |
| Additional Paid-In Capital | $137M |
| Retained Earnings | -$120M |
| Treasury Stock | -$14M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $0 |
| Net Debt | -$3M |
