| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $3M | $3M | 15.2% | 32.9% |
| Op. Income | $2M | $1M | $884.4K | 28.9% | 86.8% |
| Gross Margin | 60.4% | 58.2% | 53.4% | 2.2pp | 6.9pp |
| Net Margin | 36.4% | 32.3% | 20.3% | 4.1pp | 16.1pp |
| EPS (Diluted) | $0.30 | $0.23 | $0.13 | 30.4% | 130.8% |
| Free Cash Flow | $840.0K | $911.2K | $1M | -7.8% | -18.7% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $100.1K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $555.1K |
| Operating Expenses | $655.2K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $123.4K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $385.1K |
| 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 | $46.2K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $100.1K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $555.1K |
| Operating Expenses | $655.2K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $123.4K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $385.1K |
| 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 | $46.2K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $46.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $152.1K |
| Other Non-Cash Items | -$42.3K |
| Change in Working Capital | -$697.3K |
| OPERATING CASH FLOW | $849.1K |
| Capital Expenditure | -$9.1K |
| Acquisitions (Net) | $113.8K |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$113.8K |
| NET CASH FROM INVESTING | $929.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $840.0K |
| Net Change in Cash | -$746.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $7M |
| Net Receivables | $2M |
| Inventory | $1M |
| Other Current Assets | $170.5K |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $780.7K |
| Goodwill | $0 |
| Intangible Assets | $14.8K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $795.5K |
| TOTAL ASSETS | $12M |
| Account Payables | $71.4K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $447.4K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $386.9K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $386.9K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $459.4K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $12M |
| Total Debt | $0 |
| Net Debt | -$1M |
