| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $14M | $52M | -6.0% | -74.9% |
| Op. Income | -$2M | -$2M | $4M | -14.8% | -158.1% |
| Gross Margin | 55.0% | 36.2% | 19.0% | 18.9pp | 36.1pp |
| Net Margin | -16.0% | 12.4% | 4.1% | -28.4pp | -20.1pp |
| EPS (Diluted) | $-0.24 | $0.20 | $0.24 | -220.0% | -200.0% |
| Free Cash Flow | -$10M | -$10M | -$12M | 1.4% | 17.9% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $7M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$2M |
| Interest Income | $380.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $218.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$59.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $160.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $160.0K |
| Stock-Based Compensation | $307.0K |
| Deferred Income Tax | -$7.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$205.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $41.0K |
| Other Investing Activities | $41.0K |
| NET CASH FROM INVESTING | -$164.0K |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | -$199.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $88M |
| Inventory | $10M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $147M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $162M |
| Account Payables | $37M |
| Short-Term Debt | $5M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $62M |
| Common Stock | $100M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $201M |
| Other Equity | -$201M |
| TOTAL STOCKHOLDERS' EQUITY | $100M |
| Minority Interest | $0 |
| TOTAL EQUITY | $100M |
| TOTAL LIABILITIES & EQUITY | $162M |
| Total Debt | $6M |
| Net Debt | -$27M |
