| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $127M | $117M | $109M | 8.9% | 16.7% |
| Op. Income | $3M | $2M | $1M | 23.8% | 118.6% |
| Gross Margin | 7.5% | 8.0% | 7.2% | -0.5pp | 0.3pp |
| Net Margin | 1.2% | -1.9% | 0.4% | 3.1pp | 0.9pp |
| EPS (Diluted) | $0.15 | $-0.20 | $0.04 | 175.0% | 274.1% |
| Free Cash Flow | -$1M | $239.0K | $1M | -666.1% | -194.5% |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $10M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $125M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $677.0K |
| Other Income/Expenses | -$677.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $275.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $2M |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $10M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $125M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $677.0K |
| Other Income/Expenses | -$677.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $275.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $2M |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $168.0K |
| Deferred Income Tax | -$263.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $321.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $219.0K |
| Net Debt Issuance | $480.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4.0K |
| NET CASH FROM FINANCING | $476.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $81M |
| Inventory | $100M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $203M |
| PP&E (Net) | $28M |
| Goodwill | $10M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $52M |
| TOTAL ASSETS | $255M |
| Account Payables | $78M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $98M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $322.0K |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $128M |
| Common Stock | $46M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $75M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $123M |
| Minority Interest | $0 |
| TOTAL EQUITY | $123M |
| TOTAL LIABILITIES & EQUITY | $251M |
| Total Debt | $35M |
| Net Debt | $34M |
