| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $79M | $82M | $75M | -3.3% | 5.5% |
| Op. Income | -$455.0K | -$6M | -$12M | 91.8% | 96.1% |
| Gross Margin | 45.8% | 43.9% | 40.3% | 1.9pp | 5.5pp |
| Net Margin | -0.5% | -6.4% | -15.6% | 6.0pp | 15.2pp |
| EPS (Diluted) | $-0.01 | $-0.21 | $-0.47 | 93.2% | 97.0% |
| Free Cash Flow | -$10M | -$4M | -$26M | -189.9% | 60.2% |
| Item | Amount |
|---|---|
| REVENUE | $79M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $27M |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $79M |
| OPERATING INCOME | -$455.0K |
| Interest Income | $0 |
| Interest Expense | $444.0K |
| Other Income/Expenses | $121.0K |
| INCOME BEFORE TAX | -$334.0K |
| Income Tax Expense | $31.0K |
| Net Income from Continuing Ops | -$365.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$365.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $4M |
| EBIT | $468.0K |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$365.0K |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $169.0K |
| Deferred Income Tax | $233.0K |
| Other Non-Cash Items | -$83.0K |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$519.0K |
| Acquisitions (Net) | $67.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $67.0K |
| NET CASH FROM INVESTING | -$452.0K |
| Net Debt Issuance | -$335.0K |
| Common Stock Repurchased | -$2.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2.0K |
| NET CASH FROM FINANCING | -$337.0K |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $23M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $90M |
| PP&E (Net) | $106M |
| Goodwill | $8M |
| Intangible Assets | $0 |
| Long-Term Investments | $4M |
| Tax Assets | -$4M |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $154M |
| TOTAL ASSETS | $244M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $28M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $74M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $329.0K |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $59M |
| TOTAL LIABILITIES | $133M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $257M |
| Retained Earnings | -$49M |
| Treasury Stock | -$97M |
| Accum. Other Comp. Income | -$200M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $111M |
| Minority Interest | $0 |
| TOTAL EQUITY | $111M |
| TOTAL LIABILITIES & EQUITY | $244M |
| Total Debt | $41M |
| Net Debt | -$2M |
