| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $73M | $74M | $74M | -1.1% | -1.6% |
| Op. Income | $9M | $10M | $8M | -3.7% | 23.2% |
| Gross Margin | 33.6% | 35.4% | 33.8% | -1.8pp | -0.2pp |
| Net Margin | 9.5% | 9.5% | 7.0% | -0.0pp | 2.5pp |
| EPS (Diluted) | $0.21 | $0.22 | $0.16 | -4.5% | 31.2% |
| Free Cash Flow | $8M | $10M | $7M | -23.6% | 2.7% |
| Item | Amount |
|---|---|
| REVENUE | $73M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $63M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $62.0K |
| Other Income/Expenses | -$62.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $2.0K |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $1M |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $73M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $63M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $62.0K |
| Other Income/Expenses | -$62.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $2.0K |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $1M |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$651.0K |
| Other Non-Cash Items | $22.0K |
| Change in Working Capital | -$824.0K |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$900.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$900.0K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$88.0K |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$259.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $58M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $78M |
| PP&E (Net) | $29M |
| Goodwill | $84M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $116M |
| TOTAL ASSETS | $194M |
| Account Payables | $5M |
| Short-Term Debt | $3M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $55M |
| Common Stock | $58.0K |
| Additional Paid-In Capital | $301M |
| Retained Earnings | -$10M |
| Treasury Stock | -$140M |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $139M |
| Minority Interest | $0 |
| TOTAL EQUITY | $139M |
| TOTAL LIABILITIES & EQUITY | $194M |
| Total Debt | $11M |
| Net Debt | -$6M |
