| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $78M | $63M | $70M | 23.6% | 12.3% |
| Op. Income | $9M | $7M | $8M | 32.2% | 23.0% |
| Gross Margin | 34.6% | 36.7% | 37.3% | -2.1pp | -2.7pp |
| Net Margin | 30.7% | 9.9% | 7.6% | 20.8pp | 23.1pp |
| EPS (Diluted) | $0.43 | $0.11 | $0.09 | 290.9% | 377.8% |
| Free Cash Flow | $18M | $15M | $1M | 17.2% | 1458.3% |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $27M |
| R&D Expenses | $8M |
| Selling & Marketing | $5M |
| General & Administrative | $5M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $9M |
| Interest Income | $103.0K |
| Interest Expense | $677.0K |
| Other Income/Expenses | -$677.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | -$15M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $3M |
| EBIT | $7M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $27M |
| R&D Expenses | $8M |
| Selling & Marketing | $5M |
| General & Administrative | $5M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $9M |
| Interest Income | $103.0K |
| Interest Expense | $677.0K |
| Other Income/Expenses | -$677.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | -$15M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $3M |
| EBIT | $7M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $405.0K |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | $465.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $20M |
| 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 | -$94.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $681 |
| NET CASH FROM FINANCING | -$94.0K |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $75M |
| Short-Term Investments | $0 |
| Net Receivables | $71M |
| Inventory | $27M |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $223M |
| PP&E (Net) | $88M |
| Goodwill | $43M |
| Intangible Assets | $2M |
| Long-Term Investments | $17M |
| Tax Assets | $18M |
| Other Non-Current Assets | $124.0K |
| TOTAL NON-CURRENT ASSETS | $168M |
| TOTAL ASSETS | $392M |
| Account Payables | $21M |
| Short-Term Debt | $4M |
| Deferred Revenue | $27M |
| Other Current Liabilities | $55M |
| TOTAL CURRENT LIABILITIES | $121M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $25.0K |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $138M |
| Common Stock | $3M |
| Additional Paid-In Capital | $927M |
| Retained Earnings | -$671M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $254M |
| Minority Interest | $0 |
| TOTAL EQUITY | $254M |
| TOTAL LIABILITIES & EQUITY | $392M |
| Total Debt | $13M |
| Net Debt | -$61M |
