| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | $17M | $15M | 10.6% | 28.1% |
| Op. Income | $965.0K | $834.0K | $1M | 15.7% | -12.0% |
| Gross Margin | 16.2% | 15.3% | 19.6% | 0.9pp | -3.4pp |
| Net Margin | 4.9% | 4.2% | 6.7% | 0.6pp | -1.8pp |
| EPS (Diluted) | $0.15 | $0.09 | $0.19 | 64.8% | -21.1% |
| Free Cash Flow | -$483.0K | $836.0K | $951.0K | -157.8% | -150.8% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $30.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $965.0K |
| Interest Income | $40.0K |
| Interest Expense | $62.0K |
| Other Income/Expenses | -$22.0K |
| INCOME BEFORE TAX | $943.0K |
| Income Tax Expense | $27.0K |
| Net Income from Continuing Ops | $916.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $916.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $916.0K |
| D&A | $628.0K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $30.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $965.0K |
| Interest Income | $40.0K |
| Interest Expense | $62.0K |
| Other Income/Expenses | -$22.0K |
| INCOME BEFORE TAX | $943.0K |
| Income Tax Expense | $27.0K |
| Net Income from Continuing Ops | $916.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $916.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $916.0K |
| D&A | $628.0K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $916.0K |
| Depreciation & Amortization | $628.0K |
| Stock-Based Compensation | $114.0K |
| Deferred Income Tax | -$37.0K |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $934.0K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$859.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $38M |
| FREE CASH FLOW | -$483.0K |
| Net Change in Cash | $37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $539.0K |
| Other Current Assets | $451.0K |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $32M |
| Goodwill | $0 |
| Intangible Assets | $638.0K |
| Long-Term Investments | -$638.0K |
| Tax Assets | $1M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $35M |
| TOTAL ASSETS | $76M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | -$2M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $59M |
| Retained Earnings | $3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $62M |
| Minority Interest | $0 |
| TOTAL EQUITY | $62M |
| TOTAL LIABILITIES & EQUITY | $76M |
| Total Debt | $3M |
| Net Debt | -$35M |
