| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $105M | $106M | $127M | -0.3% | -17.4% |
| Op. Income | $3M | $1M | $3M | 80.2% | -0.2% |
| Gross Margin | 8.8% | 7.9% | 7.5% | 0.9pp | 1.3pp |
| Net Margin | 1.5% | 0.8% | 1.2% | 0.7pp | 0.2pp |
| EPS (Diluted) | $0.14 | $0.08 | $0.15 | 84.5% | -6.7% |
| Free Cash Flow | -$13M | -$5M | -$1M | -166.4% | -887.4% |
| Item | Amount |
|---|---|
| REVENUE | $105M |
| Cost of Revenue | $96M |
| GROSS PROFIT | $9M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $710.0K |
| Other Income/Expenses | -$710.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $277.0K |
| 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 | $105M |
| Cost of Revenue | $96M |
| GROSS PROFIT | $9M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $710.0K |
| Other Income/Expenses | -$710.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $277.0K |
| 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 | $74.0K |
| Deferred Income Tax | -$360.0K |
| Other Non-Cash Items | $251.0K |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2.0K |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$97.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $504.0K |
| Short-Term Investments | $0 |
| Net Receivables | $89M |
| Inventory | $118M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $225M |
| PP&E (Net) | $46M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $57M |
| TOTAL ASSETS | $281M |
| Account Payables | $87M |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $115M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $51M |
| TOTAL LIABILITIES | $166M |
| Common Stock | $47M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $67M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $115M |
| Minority Interest | $0 |
| TOTAL EQUITY | $115M |
| TOTAL LIABILITIES & EQUITY | $281M |
| Total Debt | $63M |
| Net Debt | $63M |
