| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | $38M | $39M | 1.5% | -0.9% |
| Op. Income | -$10M | -$4M | -$5M | -160.6% | -104.0% |
| Gross Margin | 23.5% | 26.0% | 19.0% | -2.5pp | 4.5pp |
| Net Margin | -27.6% | -12.0% | 0.7% | -15.6pp | -28.3pp |
| EPS (Diluted) | $-0.18 | $-0.08 | $-0.03 | -139.7% | -473.2% |
| Free Cash Flow | -$4M | -$10M | $3M | 58.1% | -250.7% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $9M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $1M |
| Operating Expenses | $19M |
| Cost & Expenses | $48M |
| OPERATING INCOME | -$10M |
| Interest Income | $278.0K |
| Interest Expense | $474.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $202.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $2M |
| EBIT | -$10M |
| EBITDA | -$8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $357.0K |
| Deferred Income Tax | -$21.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$65M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $13.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$941.0K |
| Common Stock Repurchased | -$201.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$141.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $0 |
| Net Receivables | $28M |
| Inventory | $11M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $68M |
| PP&E (Net) | $9M |
| Goodwill | $64M |
| Intangible Assets | $26M |
| Long-Term Investments | -$71.0K |
| Tax Assets | $71.0K |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $113M |
| TOTAL ASSETS | $181M |
| Account Payables | $28M |
| Short-Term Debt | $12M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $65M |
| Long-Term Debt | $276.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $71.0K |
| Other Non-Current Liabilities | $100.0K |
| TOTAL NON-CURRENT LIABILITIES | $447.0K |
| TOTAL LIABILITIES | $66M |
| Common Stock | $377M |
| Additional Paid-In Capital | $377M |
| Retained Earnings | -$264M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$377M |
| TOTAL STOCKHOLDERS' EQUITY | $116M |
| Minority Interest | $0 |
| TOTAL EQUITY | $116M |
| TOTAL LIABILITIES & EQUITY | $181M |
| Total Debt | $13M |
| Net Debt | -$15M |
