| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $45M | $44M | $37M | 4.2% | 24.1% |
| Op. Income | $12M | $12M | $8M | 2.6% | 49.6% |
| Gross Margin | 57.2% | 59.9% | 57.7% | -2.7pp | -0.5pp |
| Net Margin | 11.7% | 19.1% | 11.5% | -7.4pp | 0.2pp |
| EPS (Diluted) | $0.15 | $0.24 | $0.08 | -36.0% | 92.1% |
| Free Cash Flow | $15M | $5M | $8M | 221.0% | 89.8% |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $4M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $12M |
| Interest Income | $81.3K |
| Interest Expense | $1M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $706.0K |
| EBIT | $11M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $4M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $12M |
| Interest Income | $81.3K |
| Interest Expense | $1M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $706.0K |
| EBIT | $11M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $706.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$505.6K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$286.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $403.9K |
| NET CASH FROM INVESTING | $117.1K |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$612.8K |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $20M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $51M |
| PP&E (Net) | $13M |
| Goodwill | $20M |
| Intangible Assets | $18M |
| Long-Term Investments | $0 |
| Tax Assets | $292.1K |
| Other Non-Current Assets | $768.5K |
| TOTAL NON-CURRENT ASSETS | $52M |
| TOTAL ASSETS | $103M |
| Account Payables | $30M |
| Short-Term Debt | $9M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $50M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $37M |
| TOTAL LIABILITIES | $87M |
| Common Stock | $3M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $13M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $7.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16M |
| Minority Interest | $0 |
| TOTAL EQUITY | $16M |
| TOTAL LIABILITIES & EQUITY | $103M |
| Total Debt | $40M |
| Net Debt | $28M |
