| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $17M | $17M | -6.5% | -4.6% |
| Op. Income | $863.7K | $669.4K | -$867.9K | 29.0% | 199.5% |
| Gross Margin | 40.3% | 37.5% | 37.6% | 2.8pp | 2.8pp |
| Net Margin | 2.1% | -0.8% | -3.5% | 2.9pp | 5.6pp |
| EPS (Diluted) | $0.03 | $-0.01 | $-0.05 | 343.4% | 155.9% |
| Free Cash Flow | $2M | $1M | $2M | 60.3% | -8.2% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $6M |
| R&D Expenses | $222.0K |
| Selling & Marketing | $430.3K |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | $681.2K |
| Operating Expenses | $5M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $863.7K |
| Interest Income | $59.0K |
| Interest Expense | $97.8K |
| Other Income/Expenses | -$440.3K |
| INCOME BEFORE TAX | $423.4K |
| Income Tax Expense | $91.0K |
| Net Income from Continuing Ops | $332.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $332.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $613.3K |
| EBIT | $521.2K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $6M |
| R&D Expenses | $222.0K |
| Selling & Marketing | $430.3K |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | $681.2K |
| Operating Expenses | $5M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $863.7K |
| Interest Income | $59.0K |
| Interest Expense | $97.8K |
| Other Income/Expenses | -$440.3K |
| INCOME BEFORE TAX | $423.4K |
| Income Tax Expense | $91.0K |
| Net Income from Continuing Ops | $332.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $332.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $613.3K |
| EBIT | $521.2K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $332.4K |
| Depreciation & Amortization | $613.3K |
| Stock-Based Compensation | $890.9K |
| Deferred Income Tax | $45.6K |
| Other Non-Cash Items | $990.4K |
| Change in Working Capital | -$8.4K |
| OPERATING CASH FLOW | $3M |
| 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 | -$140.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$121.1K |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $491.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $6M |
| Goodwill | $13M |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $356.0K |
| TOTAL NON-CURRENT ASSETS | $25M |
| TOTAL ASSETS | $56M |
| Account Payables | $3M |
| Short-Term Debt | $284.0K |
| Deferred Revenue | $20.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $83.0K |
| Deferred Revenue NC | $19.0K |
| Deferred Tax Liabilities | $244.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $69M |
| Retained Earnings | -$25M |
| Treasury Stock | -$662.0K |
| Accum. Other Comp. Income | -$843.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $43M |
| Minority Interest | $0 |
| TOTAL EQUITY | $43M |
| TOTAL LIABILITIES & EQUITY | $56M |
| Total Debt | $4M |
| Net Debt | -$16M |
