| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $78M | $83M | $89M | -5.6% | -12.1% |
| Op. Income | $14M | -$4M | $4M | 485.5% | 227.0% |
| Gross Margin | 23.2% | -0.3% | 9.0% | 23.5pp | 14.2pp |
| Net Margin | -76.4% | -4.5% | 2.9% | -72.0pp | -79.4pp |
| EPS (Diluted) | $-1.97 | $-0.12 | $0.09 | -1541.7% | -2393.4% |
| Free Cash Flow | -$6M | $4M | $12M | -274.5% | -154.2% |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $4M |
| Operating Expenses | $4M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$55M |
| INCOME BEFORE TAX | -$41M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | -$60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$60M |
| Net Income Deductions | -$1 |
| BOTTOM LINE NET INCOME | -$59M |
| D&A | $13M |
| EBIT | $2M |
| EBITDA | $15M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$60M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $395.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $55M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $8M |
| Common Stock Repurchased | -$344.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$9.0K |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $245.0K |
| Net Receivables | $26M |
| Inventory | $40M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $82M |
| PP&E (Net) | $330M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3M |
| Tax Assets | $5M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $343M |
| TOTAL ASSETS | $426M |
| Account Payables | $13M |
| Short-Term Debt | $33M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $65M |
| Long-Term Debt | $141M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $165M |
| TOTAL LIABILITIES | $230M |
| Common Stock | $304.0K |
| Additional Paid-In Capital | $102M |
| Retained Earnings | $89M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $192M |
| Minority Interest | $4M |
| TOTAL EQUITY | $196M |
| TOTAL LIABILITIES & EQUITY | $426M |
| Total Debt | $174M |
| Net Debt | $165M |
