| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | $22M | $30M | -8.4% | -33.4% |
| Op. Income | $2M | $3M | $7M | -40.8% | -78.7% |
| Gross Margin | 39.3% | 47.6% | 51.6% | -8.3pp | -12.3pp |
| Net Margin | 5.6% | 8.6% | 18.0% | -3.0pp | -12.4pp |
| EPS (Diluted) | $0.13 | $0.22 | $0.62 | -40.9% | -79.0% |
| Free Cash Flow | $12M | $10M | $6M | 16.6% | 84.6% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $506.0K |
| General & Administrative | $5M |
| SG&A Expenses | $6M |
| Other Expenses | $514.0K |
| Operating Expenses | $6M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $33.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $442.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $682.0K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $506.0K |
| General & Administrative | $5M |
| SG&A Expenses | $6M |
| Other Expenses | $514.0K |
| Operating Expenses | $6M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $33.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $442.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $682.0K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $682.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $809.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$698.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$452.0K |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $58M |
| Short-Term Investments | $43M |
| Net Receivables | $13M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $118M |
| PP&E (Net) | $12M |
| Goodwill | $20M |
| Intangible Assets | $16M |
| Long-Term Investments | $8M |
| Tax Assets | $4M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $60M |
| TOTAL ASSETS | $177M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $103.0K |
| Additional Paid-In Capital | $202M |
| Retained Earnings | $15M |
| Treasury Stock | -$63M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $150M |
| Minority Interest | $0 |
| TOTAL EQUITY | $150M |
| TOTAL LIABILITIES & EQUITY | $177M |
| Total Debt | $10M |
| Net Debt | -$49M |
