| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $6M | $8M | 45.7% | 5.3% |
| Op. Income | $984.4K | -$805.1K | $31.3K | 222.3% | 3049.7% |
| Gross Margin | 64.1% | 65.8% | 60.2% | -1.7pp | 4.0pp |
| Net Margin | 12.2% | -12.5% | 1.3% | 24.7pp | 11.0pp |
| EPS (Diluted) | $0.06 | $-0.04 | $0.01 | 234.5% | 500.0% |
| Free Cash Flow | $601.8K | -$2M | -$2M | 131.1% | 134.5% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $5M |
| R&D Expenses | $949.7K |
| Selling & Marketing | $2M |
| General & Administrative | $1M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $984.4K |
| Interest Income | $54.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $54.7K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $130.6K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $5M |
| R&D Expenses | $949.7K |
| Selling & Marketing | $2M |
| General & Administrative | $1M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $984.4K |
| Interest Income | $54.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $54.7K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $130.6K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $130.6K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $681.2K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $459.9K |
| Capital Expenditure | $141.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $592.9K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $734.8K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $601.8K |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $7M |
| Net Receivables | $14M |
| Inventory | $3M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $337.4K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $101.6K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $37M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $6M |
| 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 | $165.4K |
| Additional Paid-In Capital | $43M |
| Retained Earnings | -$15M |
| Treasury Stock | -$252.6K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $28M |
| Minority Interest | $0 |
| TOTAL EQUITY | $28M |
| TOTAL LIABILITIES & EQUITY | $37M |
| Total Debt | $1M |
| Net Debt | -$7M |
