| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $7M | $7M | 16.3% | 26.7% |
| Op. Income | $3M | $2M | $3M | 41.4% | 10.4% |
| Gross Margin | 76.3% | 71.2% | 78.6% | 5.1pp | -2.2pp |
| Net Margin | 28.1% | 47.2% | 30.8% | -19.1pp | -2.7pp |
| EPS (Diluted) | $0.13 | $0.19 | $0.12 | -31.6% | 8.3% |
| Free Cash Flow | $1M | $771.8K | $3M | 55.9% | -55.2% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $7M |
| R&D Expenses | $508.4K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $3M |
| Interest Income | $7.8K |
| Interest Expense | $38.2K |
| Other Income/Expenses | -$20.9K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $990.6K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $687.7K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $7M |
| R&D Expenses | $508.4K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $3M |
| Interest Income | $7.8K |
| Interest Expense | $38.2K |
| Other Income/Expenses | -$20.9K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $990.6K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $687.7K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $687.7K |
| Stock-Based Compensation | $169.2K |
| Deferred Income Tax | -$14.6K |
| Other Non-Cash Items | $38.2K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$510.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$484.2K |
| NET CASH FROM INVESTING | -$510.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $140.3K |
| NET CASH FROM FINANCING | -$901.0K |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $302.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $279.1K |
| Goodwill | $10M |
| Intangible Assets | $15M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $37.2K |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $43M |
| Account Payables | $197.1K |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $12M |
| Common Stock | $7.4K |
| Additional Paid-In Capital | $13M |
| Retained Earnings | $18M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $0 |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $43M |
| Total Debt | $0 |
| Net Debt | -$7M |
