| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $15M | $14M | 12.2% | 24.2% |
| Op. Income | $834.0K | $282.0K | $557.0K | 195.7% | 49.7% |
| Gross Margin | 15.3% | 14.1% | 18.4% | 1.2pp | -3.1pp |
| Net Margin | 4.2% | 1.4% | 3.0% | 2.8pp | 1.3pp |
| EPS (Diluted) | $0.09 | $0.03 | $0.08 | 239.6% | 12.6% |
| Free Cash Flow | $836.0K | $0 | $651.0K | — | 28.4% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $29.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $834.0K |
| Interest Income | $1.0K |
| Interest Expense | $45.0K |
| Other Income/Expenses | -$44.0K |
| INCOME BEFORE TAX | $790.0K |
| Income Tax Expense | $71.0K |
| Net Income from Continuing Ops | $719.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $719.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $719.0K |
| D&A | $546.0K |
| EBIT | $835.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $29.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $834.0K |
| Interest Income | $1.0K |
| Interest Expense | $45.0K |
| Other Income/Expenses | -$44.0K |
| INCOME BEFORE TAX | $790.0K |
| Income Tax Expense | $71.0K |
| Net Income from Continuing Ops | $719.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $719.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $719.0K |
| D&A | $546.0K |
| EBIT | $835.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $719.0K |
| Depreciation & Amortization | $546.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $6.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $361.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $361.0K |
| FREE CASH FLOW | $836.0K |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $631.0K |
| Inventory | $468.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $30M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $34M |
| TOTAL ASSETS | $38M |
| Account Payables | $3M |
| Short-Term Debt | $682.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $21M |
| Retained Earnings | $2M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$5.0K |
| TOTAL STOCKHOLDERS' EQUITY | $23M |
| Minority Interest | $0 |
| TOTAL EQUITY | $23M |
| TOTAL LIABILITIES & EQUITY | $38M |
| Total Debt | $7M |
| Net Debt | $5M |
