| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $79M | $74M | $77M | 7.5% | 3.0% |
| Op. Income | $6M | $5M | $7M | 19.5% | -8.7% |
| Gross Margin | 27.9% | 28.2% | 27.7% | -0.3pp | 0.2pp |
| Net Margin | 5.3% | 5.1% | 6.6% | 0.2pp | -1.3pp |
| EPS (Diluted) | $0.41 | $0.37 | $0.49 | 10.8% | -16.3% |
| Free Cash Flow | $4M | $3M | $7M | 14.3% | -44.1% |
| Item | Amount |
|---|---|
| REVENUE | $79M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | $1M |
| Operating Expenses | $16M |
| Cost & Expenses | $73M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $395.4K |
| Other Income/Expenses | -$936.2K |
| INCOME BEFORE TAX | $6M |
| 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 | $6M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $79M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | $1M |
| Operating Expenses | $16M |
| Cost & Expenses | $73M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $395.4K |
| Other Income/Expenses | -$936.2K |
| INCOME BEFORE TAX | $6M |
| 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 | $6M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $244.4K |
| Deferred Income Tax | $577.4K |
| Other Non-Cash Items | $41.9K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$860.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$860.3K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | -$5M |
| Short-Term Investments | $0 |
| Net Receivables | $40M |
| Inventory | $7M |
| Other Current Assets | $38.9K |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $7M |
| Goodwill | $18M |
| Intangible Assets | $31M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $64M |
| TOTAL ASSETS | $106M |
| Account Payables | $140.5K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $279.6K |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $20M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $24M |
| TOTAL LIABILITIES | $38M |
| Common Stock | $75.1K |
| Additional Paid-In Capital | $58M |
| Retained Earnings | $9M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $68M |
| Minority Interest | $0 |
| TOTAL EQUITY | $68M |
| TOTAL LIABILITIES & EQUITY | $106M |
| Total Debt | $25M |
| Net Debt | $30M |
