| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $67M | $71M | $75M | -4.9% | -10.7% |
| Op. Income | $6M | $8M | $11M | -23.6% | -41.8% |
| Gross Margin | 38.3% | 40.4% | 40.5% | -2.1pp | -2.3pp |
| Net Margin | 6.7% | 7.9% | 10.0% | -1.2pp | -3.3pp |
| EPS (Diluted) | $0.33 | $0.41 | $0.56 | -19.5% | -41.1% |
| Free Cash Flow | $5M | $6M | $7M | -27.1% | -29.9% |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $6M |
| Interest Income | $181.0K |
| Interest Expense | $324.0K |
| Other Income/Expenses | $223.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $3M |
| EBIT | $7M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $6M |
| Interest Income | $181.0K |
| Interest Expense | $324.0K |
| Other Income/Expenses | $223.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $3M |
| EBIT | $7M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $506.0K |
| Deferred Income Tax | $226.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $51.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$47.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $101M |
| Short-Term Investments | $0 |
| Net Receivables | $44M |
| Inventory | $64M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $225M |
| PP&E (Net) | $68M |
| Goodwill | $16M |
| Intangible Assets | $17M |
| Long-Term Investments | -$2M |
| Tax Assets | $2M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $120M |
| TOTAL ASSETS | $345M |
| Account Payables | $9M |
| Short-Term Debt | $5M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $51M |
| Long-Term Debt | $19M |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $108M |
| Common Stock | $1M |
| Additional Paid-In Capital | $197M |
| Retained Earnings | $85M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | -$39M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $237M |
| Minority Interest | $112.0K |
| TOTAL EQUITY | $237M |
| TOTAL LIABILITIES & EQUITY | $345M |
| Total Debt | $33M |
| Net Debt | -$69M |
