| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $117M | $103M | $114M | 13.8% | 3.2% |
| Op. Income | $3M | $3M | $3M | 13.1% | 5.3% |
| Gross Margin | 39.1% | 39.2% | 42.2% | -0.1pp | -3.1pp |
| Net Margin | -1.2% | -1.1% | -0.8% | -0.0pp | -0.4pp |
| EPS (Diluted) | $-0.02 | $-0.01 | $-0.01 | -17.8% | -44.5% |
| Free Cash Flow | $8M | -$8M | $26M | 198.3% | -69.0% |
| Item | Amount |
|---|---|
| REVENUE | $117M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $46M |
| R&D Expenses | $16M |
| Selling & Marketing | $15M |
| General & Administrative | $12M |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $114M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$536.0K |
| Income Tax Expense | $864.0K |
| 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 | $4M |
| EBIT | $3M |
| EBITDA | $8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$527.0K |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $13M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $712.0K |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $77M |
| Short-Term Investments | $0 |
| Net Receivables | $112M |
| Inventory | $121M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $344M |
| PP&E (Net) | $17M |
| Goodwill | $58M |
| Intangible Assets | $679.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $94M |
| TOTAL ASSETS | $438M |
| Account Payables | $30M |
| Short-Term Debt | $0 |
| Deferred Revenue | $99M |
| Other Current Liabilities | $99M |
| TOTAL CURRENT LIABILITIES | $192M |
| Long-Term Debt | $160M |
| Deferred Revenue NC | $27M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $196M |
| TOTAL LIABILITIES | $388M |
| Common Stock | $89.0K |
| Additional Paid-In Capital | $535M |
| Retained Earnings | -$486M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $50M |
| Minority Interest | $0 |
| TOTAL EQUITY | $50M |
| TOTAL LIABILITIES & EQUITY | $438M |
| Total Debt | $160M |
| Net Debt | $83M |
