| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $131M | $107M | $131M | 23.1% | 0.1% |
| Op. Income | $3M | -$6M | -$6M | 152.3% | 151.7% |
| Gross Margin | 43.0% | 41.1% | 43.5% | 1.9pp | -0.5pp |
| Net Margin | 1.9% | -6.7% | -5.5% | 8.6pp | 7.4pp |
| EPS (Diluted) | $0.05 | $-0.14 | $-0.15 | 135.7% | 133.3% |
| Free Cash Flow | $28M | -$19M | $14M | 248.6% | 99.9% |
| Item | Amount |
|---|---|
| REVENUE | $131M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $56M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $46M |
| SG&A Expenses | $46M |
| Other Expenses | $7M |
| Operating Expenses | $53M |
| Cost & Expenses | $128M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $712.0K |
| Other Income/Expenses | -$712.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $183.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $6M |
| EBIT | $3M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $131M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $56M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $46M |
| SG&A Expenses | $46M |
| Other Expenses | $7M |
| Operating Expenses | $53M |
| Cost & Expenses | $128M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $712.0K |
| Other Income/Expenses | -$712.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $183.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $6M |
| EBIT | $3M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $643.0K |
| Deferred Income Tax | $100 |
| Other Non-Cash Items | $923.9K |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$29M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $102M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $124M |
| PP&E (Net) | $265M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $267M |
| TOTAL ASSETS | $391M |
| Account Payables | $32M |
| Short-Term Debt | $39M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $130M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $202M |
| TOTAL LIABILITIES | $332M |
| Common Stock | $633.0K |
| Additional Paid-In Capital | $313M |
| Retained Earnings | -$156M |
| Treasury Stock | -$93M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58M |
| Minority Interest | $0 |
| TOTAL EQUITY | $58M |
| TOTAL LIABILITIES & EQUITY | $391M |
| Total Debt | $277M |
| Net Debt | $273M |
