| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | $39M | $35M | 11.8% | 23.5% |
| Op. Income | $11M | $7M | $4M | 48.9% | 139.6% |
| Gross Margin | 69.0% | 25.0% | 20.4% | 44.1pp | 48.6pp |
| Net Margin | 22.7% | 15.5% | 12.9% | 7.2pp | 9.8pp |
| EPS (Diluted) | $0.35 | $0.21 | $0.16 | 66.7% | 118.7% |
| Free Cash Flow | $8M | $6M | $1M | 37.3% | 522.1% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $30M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $11M |
| Interest Income | $477.0K |
| Interest Expense | $61.0K |
| Other Income/Expenses | $416.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $4M |
| EBIT | $11M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $30M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $11M |
| Interest Income | $477.0K |
| Interest Expense | $61.0K |
| Other Income/Expenses | $416.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $4M |
| EBIT | $11M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $413.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $1.0K |
| Change in Working Capital | -$325.0K |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$266.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$756.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$756.0K |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $81M |
| Short-Term Investments | $0 |
| Net Receivables | $23M |
| Inventory | $13M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $119M |
| PP&E (Net) | $151M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $155M |
| TOTAL ASSETS | $274M |
| Account Payables | $7M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $31M |
| Common Stock | $662.0K |
| Additional Paid-In Capital | $27M |
| Retained Earnings | $269M |
| Treasury Stock | -$54M |
| Accum. Other Comp. Income | -$39.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $243M |
| Minority Interest | $0 |
| TOTAL EQUITY | $243M |
| TOTAL LIABILITIES & EQUITY | $274M |
| Total Debt | $3M |
| Net Debt | -$77M |
