| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $64M | $54M | — | 18.9% | — |
| Op. Income | $3M | -$3M | — | 200.0% | — |
| Gross Margin | 35.2% | 30.1% | — | 5.1pp | — |
| Net Margin | 6.0% | 8.0% | — | -2.1pp | — |
| EPS (Diluted) | $0.34 | $0.39 | — | -12.8% | — |
| Free Cash Flow | -$4M | $5M | — | -170.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $23M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | -$60.0K |
| Operating Expenses | $20M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $3M |
| Interest Income | $100.0K |
| Interest Expense | $14.0K |
| Other Income/Expenses | $104.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $1M |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $23M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | -$60.0K |
| Operating Expenses | $20M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $3M |
| Interest Income | $100.0K |
| Interest Expense | $14.0K |
| Other Income/Expenses | $104.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $1M |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $327.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $38.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$2M |
| 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 | $0 |
| Common Stock Repurchased | -$446.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5.0K |
| NET CASH FROM FINANCING | -$551.0K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $80M |
| Inventory | $10M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $126M |
| PP&E (Net) | $17M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $14M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $43M |
| TOTAL ASSETS | $169M |
| Account Payables | $36M |
| Short-Term Debt | $9M |
| Deferred Revenue | $14M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $82M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $10M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $820.0K |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $98M |
| Common Stock | $54.0K |
| Additional Paid-In Capital | $815M |
| Retained Earnings | -$731M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $72M |
| Minority Interest | $0 |
| TOTAL EQUITY | $72M |
| TOTAL LIABILITIES & EQUITY | $169M |
| Total Debt | $9M |
| Net Debt | -$23M |
