| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | $53M | $28M | -18.9% | 54.6% |
| Op. Income | $876.4K | $3M | $669.9K | -67.0% | 30.8% |
| Gross Margin | 4.5% | 7.4% | 6.0% | -2.9pp | -1.5pp |
| Net Margin | 1.5% | 3.7% | 0.4% | -2.2pp | 1.1pp |
| EPS (Diluted) | $0.09 | $0.29 | $0.02 | -69.0% | 350.0% |
| Free Cash Flow | -$669.0K | $588.9K | -$5M | -213.6% | 85.9% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $876.4K |
| Interest Income | $6.3K |
| Interest Expense | $1.8K |
| Other Income/Expenses | $4.5K |
| INCOME BEFORE TAX | $880.9K |
| Income Tax Expense | $216.1K |
| Net Income from Continuing Ops | $664.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $664.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $664.8K |
| D&A | $357.6K |
| EBIT | $876.4K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $876.4K |
| Interest Income | $6.3K |
| Interest Expense | $1.8K |
| Other Income/Expenses | $4.5K |
| INCOME BEFORE TAX | $880.9K |
| Income Tax Expense | $216.1K |
| Net Income from Continuing Ops | $664.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $664.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $664.8K |
| D&A | $357.6K |
| EBIT | $876.4K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $664.8K |
| Depreciation & Amortization | $357.6K |
| Stock-Based Compensation | $72.2K |
| Deferred Income Tax | -$66.3K |
| Other Non-Cash Items | $7.4K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$227.0K |
| Capital Expenditure | -$442.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6.3K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6.3K |
| NET CASH FROM INVESTING | -$448.3K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$420.6K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$420.6K |
| FREE CASH FLOW | -$669.0K |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $59M |
| Other Current Assets | $684.2K |
| TOTAL CURRENT ASSETS | $80M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $1.8B |
| Other Non-Current Assets | -$1.8B |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $94M |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $420.6K |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $197.3K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $20M |
| Common Stock | $8M |
| Additional Paid-In Capital | $29M |
| Retained Earnings | $42M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $36M |
| TOTAL STOCKHOLDERS' EQUITY | $74M |
| Minority Interest | $0 |
| TOTAL EQUITY | $74M |
| TOTAL LIABILITIES & EQUITY | $94M |
| Total Debt | $0 |
| Net Debt | -$3M |
