| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $30M | $30M | 24.3% | 23.9% |
| Op. Income | $831.2K | -$194.8K | $2M | 526.7% | -50.5% |
| Gross Margin | 13.4% | 11.5% | 17.4% | 1.9pp | -4.1pp |
| Net Margin | 1.8% | -0.7% | 11.0% | 2.5pp | -9.2pp |
| EPS (Diluted) | $0.03 | $-0.01 | $0.13 | 444.7% | -79.8% |
| Free Cash Flow | -$4M | -$3M | $823.1K | -12.8% | -554.1% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $831.2K |
| Interest Income | $0 |
| Interest Expense | $273.1K |
| Other Income/Expenses | -$204.4K |
| INCOME BEFORE TAX | $626.9K |
| Income Tax Expense | -$36.9K |
| Net Income from Continuing Ops | $663.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $663.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $663.7K |
| D&A | $2M |
| EBIT | $900.0K |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $831.2K |
| Interest Income | $0 |
| Interest Expense | $273.1K |
| Other Income/Expenses | -$204.4K |
| INCOME BEFORE TAX | $626.9K |
| Income Tax Expense | -$36.9K |
| Net Income from Continuing Ops | $663.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $663.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $663.7K |
| D&A | $2M |
| EBIT | $900.0K |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $663.7K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $373.5K |
| Other Non-Cash Items | -$16.8K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $772.4K |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $35M |
| Inventory | $8M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $58M |
| PP&E (Net) | $54M |
| Goodwill | $101.4K |
| Intangible Assets | $689.2K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $573.0K |
| TOTAL NON-CURRENT ASSETS | $55M |
| TOTAL ASSETS | $113M |
| Account Payables | $16M |
| Short-Term Debt | $7M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $60.1K |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $22M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $467.2K |
| TOTAL NON-CURRENT LIABILITIES | $28M |
| TOTAL LIABILITIES | $53M |
| Common Stock | $3M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $42M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$43M |
| Other Equity | $58M |
| TOTAL STOCKHOLDERS' EQUITY | $60M |
| Minority Interest | $0 |
| TOTAL EQUITY | $60M |
| TOTAL LIABILITIES & EQUITY | $113M |
| Total Debt | $29M |
| Net Debt | $18M |
