| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $120M | $140M | $128M | -14.0% | -6.0% |
| Op. Income | $7M | $13M | $7M | -48.6% | 0.8% |
| Gross Margin | 17.8% | 20.0% | 16.4% | -2.2pp | 1.4pp |
| Net Margin | 3.8% | 6.6% | 3.2% | -2.8pp | 0.6pp |
| EPS (Diluted) | $0.22 | $0.44 | $0.20 | -50.0% | 10.0% |
| Free Cash Flow | $13M | $12M | $3M | 3.8% | 294.1% |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $99M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $114M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $584.0K |
| Other Income/Expenses | -$453.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $5M |
| EBIT | $7M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $99M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $114M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $584.0K |
| Other Income/Expenses | -$453.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $5M |
| EBIT | $7M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $685.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $331.0K |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $117.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $57M |
| Inventory | $58M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $127M |
| PP&E (Net) | $135M |
| Goodwill | $58M |
| Intangible Assets | $62M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $260M |
| TOTAL ASSETS | $387M |
| Account Payables | $27M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $51M |
| Long-Term Debt | $58M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $27M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $103M |
| TOTAL LIABILITIES | $154M |
| Common Stock | $527.0K |
| Additional Paid-In Capital | $51M |
| Retained Earnings | $181M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $58.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $232M |
| Minority Interest | $0 |
| TOTAL EQUITY | $232M |
| TOTAL LIABILITIES & EQUITY | $387M |
| Total Debt | $77M |
| Net Debt | $70M |
