| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $98M | $114M | $114M | -14.0% | -14.4% |
| Op. Income | $5M | $12M | $462.0K | -55.5% | 1056.5% |
| Gross Margin | 58.5% | 57.9% | 55.9% | 0.6pp | 2.6pp |
| Net Margin | 4.3% | 8.2% | 0.3% | -3.8pp | 4.0pp |
| EPS (Diluted) | $0.12 | $0.26 | $0.01 | -53.8% | 1100.0% |
| Free Cash Flow | -$6M | $16M | $9M | -135.4% | -165.8% |
| Item | Amount |
|---|---|
| REVENUE | $98M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $57M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $52M |
| Other Expenses | -$57.0K |
| Operating Expenses | $52M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $5M |
| Interest Income | $175.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $175.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $4M |
| EBIT | $5M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $98M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $57M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $52M |
| Other Expenses | -$57.0K |
| Operating Expenses | $52M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $5M |
| Interest Income | $175.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $175.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $4M |
| EBIT | $5M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $181.0K |
| Other Non-Cash Items | $3.0K |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$748.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$180.0K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $62M |
| Short-Term Investments | $46M |
| Net Receivables | $29M |
| Inventory | $96M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $244M |
| PP&E (Net) | $80M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $23M |
| Tax Assets | $5M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $109M |
| TOTAL ASSETS | $353M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $24M |
| TOTAL LIABILITIES | $63M |
| Common Stock | $0 |
| Additional Paid-In Capital | $94M |
| Retained Earnings | $283M |
| Treasury Stock | -$88M |
| Accum. Other Comp. Income | -$143.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $290M |
| Minority Interest | $0 |
| TOTAL EQUITY | $290M |
| TOTAL LIABILITIES & EQUITY | $353M |
| Total Debt | $0 |
| Net Debt | -$62M |
