| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $7M | $6M | -21.9% | -7.8% |
| Op. Income | -$805.1K | $45.5K | -$423.4K | -1870.2% | -90.2% |
| Gross Margin | 65.8% | 66.1% | 65.8% | -0.3pp | -0.0pp |
| Net Margin | -12.5% | 1.5% | -7.2% | -14.0pp | -5.3pp |
| EPS (Diluted) | $-0.04 | $0.01 | $-0.03 | -546.0% | -34.3% |
| Free Cash Flow | -$2M | $6M | -$3M | -132.5% | 23.3% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $4M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $957.2K |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$805.1K |
| Interest Income | $74.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $74.7K |
| INCOME BEFORE TAX | -$730.4K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$730.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$730.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$730.4K |
| D&A | $134.0K |
| EBIT | -$730.4K |
| EBITDA | -$596.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$730.4K |
| Depreciation & Amortization | $134.0K |
| Stock-Based Compensation | $158.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $88.6K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$313.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $8M |
| Net Receivables | $13M |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $361.4K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $101.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $36M |
| Account Payables | $5M |
| Short-Term Debt | $312.8K |
| Deferred Revenue | $1M |
| Other Current Liabilities | -$149.4K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $165.5K |
| Additional Paid-In Capital | $43M |
| Retained Earnings | -$16M |
| Treasury Stock | -$252.6K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27M |
| Minority Interest | $0 |
| TOTAL EQUITY | $27M |
| TOTAL LIABILITIES & EQUITY | $36M |
| Total Debt | $2M |
| Net Debt | -$5M |
