| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $120M | $114M | $116M | 5.0% | 4.0% |
| Op. Income | $1M | -$3M | -$5M | 152.4% | 129.0% |
| Gross Margin | 45.5% | 43.9% | 44.7% | 1.7pp | 0.8pp |
| Net Margin | 0.4% | -3.0% | -4.8% | 3.4pp | 5.2pp |
| EPS (Diluted) | $0.01 | $-0.06 | $-0.10 | 116.4% | 110.0% |
| Free Cash Flow | -$349.0K | $4M | -$7M | -107.9% | 94.7% |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $55M |
| R&D Expenses | $20M |
| Selling & Marketing | $23M |
| General & Administrative | $10M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $119M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $437.0K |
| Other Income/Expenses | -$695.0K |
| INCOME BEFORE TAX | $799.0K |
| Income Tax Expense | $302.0K |
| Net Income from Continuing Ops | $497.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $497.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $497.0K |
| D&A | $3M |
| EBIT | $1M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $55M |
| R&D Expenses | $20M |
| Selling & Marketing | $23M |
| General & Administrative | $10M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $119M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $437.0K |
| Other Income/Expenses | -$695.0K |
| INCOME BEFORE TAX | $799.0K |
| Income Tax Expense | $302.0K |
| Net Income from Continuing Ops | $497.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $497.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $497.0K |
| D&A | $3M |
| EBIT | $1M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $497.0K |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $620.0K |
| Capital Expenditure | -$969.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$969.0K |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$349.0K |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $0 |
| Net Receivables | $47M |
| Inventory | $40M |
| Other Current Assets | $628.0K |
| TOTAL CURRENT ASSETS | $144M |
| PP&E (Net) | $37M |
| Goodwill | $116M |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $173M |
| TOTAL ASSETS | $317M |
| Account Payables | $11M |
| Short-Term Debt | $30M |
| Deferred Revenue | $24M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $115M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $47M |
| TOTAL LIABILITIES | $163M |
| Common Stock | $2M |
| Additional Paid-In Capital | $896M |
| Retained Earnings | -$703M |
| Treasury Stock | -$40M |
| Accum. Other Comp. Income | -$854.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $154M |
| Minority Interest | $0 |
| TOTAL EQUITY | $154M |
| TOTAL LIABILITIES & EQUITY | $317M |
| Total Debt | $47M |
| Net Debt | $171.0K |
