| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | $64M | $71M | 2.3% | -7.8% |
| Op. Income | $15M | $19M | $20M | -19.5% | -22.8% |
| Gross Margin | 30.4% | 31.7% | 32.6% | -1.3pp | -2.2pp |
| Net Margin | 11.9% | 21.9% | 3.5% | -10.0pp | 8.4pp |
| EPS (Diluted) | $0.16 | $0.17 | $0.11 | -5.9% | 45.5% |
| Free Cash Flow | $15M | $11M | $11M | 37.3% | 36.3% |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | -$2M |
| Operating Expenses | $5M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $15M |
| Interest Income | $505.7K |
| Interest Expense | $1M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $385.0K |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $8M |
| EBIT | $15M |
| EBITDA | -$27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | -$2M |
| Operating Expenses | $5M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $15M |
| Interest Income | $505.7K |
| Interest Expense | $1M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $385.0K |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $8M |
| EBIT | $15M |
| EBITDA | -$27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$773.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$98.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $16M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $70M |
| PP&E (Net) | $373M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $380M |
| TOTAL ASSETS | $450M |
| Account Payables | $16M |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$12M |
| TOTAL CURRENT LIABILITIES | $65M |
| Long-Term Debt | $55M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $46M |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $139M |
| TOTAL LIABILITIES | $204M |
| Common Stock | $435M |
| Additional Paid-In Capital | $173M |
| Retained Earnings | -$264M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$102M |
| Other Equity | $4M |
| TOTAL STOCKHOLDERS' EQUITY | $246M |
| Minority Interest | $0 |
| TOTAL EQUITY | $246M |
| TOTAL LIABILITIES & EQUITY | $450M |
| Total Debt | $74M |
| Net Debt | $38M |
