| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46M | $50M | $48M | -7.0% | -3.1% |
| Op. Income | $2M | $8M | -$2M | -70.6% | 239.5% |
| Gross Margin | 12.6% | 23.7% | 3.3% | -11.1pp | 9.4pp |
| Net Margin | 4.1% | 13.1% | -2.9% | -9.1pp | 7.0pp |
| EPS (Diluted) | $0.09 | $0.30 | $-0.07 | -70.0% | 231.0% |
| Free Cash Flow | -$1M | $11M | -$363.0K | -113.6% | -310.5% |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3M |
| Operating Expenses | $3M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $363.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $557.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $269.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3M |
| Operating Expenses | $3M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $363.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $557.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $269.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $269.0K |
| Stock-Based Compensation | $116.0K |
| Deferred Income Tax | -$148.0K |
| Other Non-Cash Items | $84.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$28.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$81.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2.0K |
| NET CASH FROM FINANCING | -$79.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $248M |
| Net Receivables | $50M |
| Inventory | $0 |
| Other Current Assets | -$307M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $264M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$266M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $385M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$34M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $257M |
| Common Stock | $22M |
| Additional Paid-In Capital | $57M |
| Retained Earnings | $36M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | $20M |
| Other Equity | -$350.0K |
| TOTAL STOCKHOLDERS' EQUITY | $128M |
| Minority Interest | $0 |
| TOTAL EQUITY | $128M |
| TOTAL LIABILITIES & EQUITY | $385M |
| Total Debt | $34M |
| Net Debt | $25M |
