| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | $36M | $33M | 22.8% | 35.2% |
| Op. Income | $4M | $216.0K | -$5M | 1719.9% | 172.3% |
| Gross Margin | 42.8% | 42.2% | 38.6% | 0.6pp | 4.2pp |
| Net Margin | 8.6% | 0.7% | -19.7% | 7.9pp | 28.3pp |
| EPS (Diluted) | $0.12 | $-0.01 | $-0.37 | 921.9% | 132.4% |
| Free Cash Flow | -$908.0K | $6M | -$5M | -115.2% | 82.5% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $19M |
| R&D Expenses | $4M |
| Selling & Marketing | $6M |
| General & Administrative | $4M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $4M |
| Interest Income | $10.0K |
| Interest Expense | $141.0K |
| Other Income/Expenses | -$131.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$10.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $708.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $19M |
| R&D Expenses | $4M |
| Selling & Marketing | $6M |
| General & Administrative | $4M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $4M |
| Interest Income | $10.0K |
| Interest Expense | $141.0K |
| Other Income/Expenses | -$131.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$10.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $708.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $708.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $296.0K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8.0K |
| NET CASH FROM FINANCING | $8.0K |
| FREE CASH FLOW | -$908.0K |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $2M |
| Net Receivables | $23M |
| Inventory | $11M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $85M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $605.0K |
| Long-Term Investments | $424.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $89M |
| Account Payables | $18M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $49M |
| Long-Term Debt | $353.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $353.0K |
| TOTAL LIABILITIES | $50M |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $119M |
| Retained Earnings | -$102M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $214.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $40M |
| Minority Interest | $0 |
| TOTAL EQUITY | $40M |
| TOTAL LIABILITIES & EQUITY | $89M |
| Total Debt | $7M |
| Net Debt | -$31M |
