| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $142M | $147M | — | -3.2% | — |
| Op. Income | -$7M | -$6M | — | -15.1% | — |
| Gross Margin | 26.6% | 27.2% | — | -0.6pp | — |
| Net Margin | -6.2% | -35.3% | — | 29.1pp | — |
| EPS (Diluted) | $-0.51 | $-3.04 | — | 83.2% | — |
| Free Cash Flow | $24M | $6M | — | 301.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $142M |
| Cost of Revenue | $104M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $28M |
| General & Administrative | $17M |
| SG&A Expenses | $45M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $150M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$774.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $962.0K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $8M |
| EBIT | -$5M |
| EBITDA | $3M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $579.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$31M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8.0K |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $56M |
| Inventory | $88M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $160M |
| PP&E (Net) | $189M |
| Goodwill | $36M |
| Intangible Assets | $29M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $265M |
| TOTAL ASSETS | $425M |
| Account Payables | $73M |
| Short-Term Debt | $0 |
| Deferred Revenue | $15M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $96M |
| Long-Term Debt | $92M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $77M |
| TOTAL NON-CURRENT LIABILITIES | $171M |
| TOTAL LIABILITIES | $267M |
| Common Stock | $17M |
| Additional Paid-In Capital | $58M |
| Retained Earnings | $146M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$64M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $157M |
| Minority Interest | $0 |
| TOTAL EQUITY | $157M |
| TOTAL LIABILITIES & EQUITY | $425M |
| Total Debt | $92M |
| Net Debt | $85M |
