| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $64M | $66M | $63M | -2.5% | 1.2% |
| Op. Income | $2M | $4M | $3M | -54.3% | -33.1% |
| Gross Margin | 52.0% | 48.4% | 48.1% | 3.5pp | 3.8pp |
| Net Margin | -1.6% | 3.0% | 1.2% | -4.6pp | -2.8pp |
| EPS (Diluted) | $-0.04 | $0.08 | $0.04 | -151.1% | -208.8% |
| Free Cash Flow | $6M | -$13M | -$8M | 143.8% | 169.2% |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $33M |
| R&D Expenses | $12M |
| Selling & Marketing | $11M |
| General & Administrative | $6M |
| SG&A Expenses | $17M |
| Other Expenses | $2M |
| Operating Expenses | $31M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $190.0K |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $2M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $790.0K |
| Deferred Income Tax | -$97.0K |
| Other Non-Cash Items | $41.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$539.0K |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$72.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$181.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$181.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $396.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $0 |
| Net Receivables | $59M |
| Inventory | $42M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $129M |
| PP&E (Net) | $15M |
| Goodwill | $9M |
| Intangible Assets | $18M |
| Long-Term Investments | $0 |
| Tax Assets | $929.0K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $43M |
| TOTAL ASSETS | $172M |
| Account Payables | $25M |
| Short-Term Debt | $9M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $68M |
| Long-Term Debt | $54M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $337.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $65M |
| TOTAL LIABILITIES | $132M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $105M |
| Retained Earnings | -$63M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$379.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $40M |
| Minority Interest | $0 |
| TOTAL EQUITY | $40M |
| TOTAL LIABILITIES & EQUITY | $172M |
| Total Debt | $69M |
| Net Debt | $50M |
