| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $34M | $28M | -4.7% | 15.7% |
| Op. Income | $4M | $3M | $4M | 27.3% | 19.9% |
| Gross Margin | 31.3% | 29.8% | 31.0% | 1.5pp | 0.3pp |
| Net Margin | 10.8% | 11.3% | 12.5% | -0.5pp | -1.6pp |
| EPS (Diluted) | $0.26 | $0.29 | $0.26 | -9.3% | 0.0% |
| Free Cash Flow | $6M | $676.2K | $2M | 817.9% | 235.6% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $4M |
| Interest Income | $969.5K |
| Interest Expense | $716.0K |
| Other Income/Expenses | $253.5K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $997.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $386.1K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $4M |
| Interest Income | $969.5K |
| Interest Expense | $716.0K |
| Other Income/Expenses | $253.5K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $997.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $386.1K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $386.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$645.3K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$147.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$849.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$79.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$79.4K |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $48M |
| Net Receivables | $42M |
| Inventory | $13M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $157M |
| PP&E (Net) | $14M |
| Goodwill | $12.1K |
| Intangible Assets | $0 |
| Long-Term Investments | -$285.7K |
| Tax Assets | $285.7K |
| Other Non-Current Assets | $285.7K |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $171M |
| Account Payables | $4M |
| Short-Term Debt | -$1M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $314.1K |
| TOTAL NON-CURRENT LIABILITIES | $815.1K |
| TOTAL LIABILITIES | $11M |
| Common Stock | $477.2K |
| Additional Paid-In Capital | $43M |
| Retained Earnings | $117M |
| Treasury Stock | -$209.3K |
| Accum. Other Comp. Income | -$125.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $160M |
| Minority Interest | $0 |
| TOTAL EQUITY | $160M |
| TOTAL LIABILITIES & EQUITY | $171M |
| Total Debt | $961.2K |
| Net Debt | -$46M |
