| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | $23M | $23M | 36.8% | 38.8% |
| Op. Income | -$2M | -$9M | -$2M | 81.1% | -10.7% |
| Gross Margin | 61.6% | 44.7% | 57.5% | 16.9pp | 4.2pp |
| Net Margin | -0.1% | -36.9% | -15.8% | 36.8pp | 15.7pp |
| EPS (Diluted) | $-0.00 | $-0.19 | $-0.09 | 99.5% | 99.0% |
| Free Cash Flow | -$15M | $6M | -$3M | -352.6% | -364.1% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $19M |
| R&D Expenses | $11M |
| Selling & Marketing | $6M |
| General & Administrative | $5M |
| SG&A Expenses | $11M |
| Other Expenses | -$517.9K |
| Operating Expenses | $21M |
| Cost & Expenses | $33M |
| OPERATING INCOME | -$2M |
| Interest Income | $1M |
| Interest Expense | $1M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$491.1K |
| Income Tax Expense | -$451.3K |
| Net Income from Continuing Ops | -$38.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$38.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$38.6K |
| D&A | $2M |
| EBIT | $776.3K |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$38.6K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $373.0K |
| Deferred Income Tax | -$767.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $62.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | -$15.2K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$556.5K |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $32M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $139M |
| PP&E (Net) | $78M |
| Goodwill | $0 |
| Intangible Assets | $50M |
| Long-Term Investments | $3M |
| Tax Assets | $4M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $154M |
| TOTAL ASSETS | $293M |
| Account Payables | $15M |
| Short-Term Debt | $2M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $28M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $102M |
| TOTAL LIABILITIES | $139M |
| Common Stock | $16M |
| Additional Paid-In Capital | $348M |
| Retained Earnings | -$210M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $154M |
| Minority Interest | $0 |
| TOTAL EQUITY | $154M |
| TOTAL LIABILITIES & EQUITY | $293M |
| Total Debt | $98M |
| Net Debt | $19M |
