| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $108M | $112M | $114M | -3.0% | -4.6% |
| Op. Income | $779.0K | $2M | $2M | -52.8% | -57.9% |
| Gross Margin | 7.5% | 7.9% | 8.0% | -0.4pp | -0.5pp |
| Net Margin | 0.6% | -0.2% | 0.8% | 0.8pp | -0.3pp |
| EPS (Diluted) | $0.06 | $-0.02 | $0.09 | 388.0% | -31.7% |
| Free Cash Flow | $2M | $3M | $2M | -41.1% | 7.3% |
| Item | Amount |
|---|---|
| REVENUE | $108M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $8M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $779.0K |
| Interest Income | $0 |
| Interest Expense | $656.0K |
| Other Income/Expenses | -$656.0K |
| INCOME BEFORE TAX | $123.0K |
| Income Tax Expense | -$521.0K |
| Net Income from Continuing Ops | $644.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $644.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $644.0K |
| D&A | $2M |
| EBIT | $779.0K |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $108M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $8M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $779.0K |
| Interest Income | $0 |
| Interest Expense | $656.0K |
| Other Income/Expenses | -$656.0K |
| INCOME BEFORE TAX | $123.0K |
| Income Tax Expense | -$521.0K |
| Net Income from Continuing Ops | $644.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $644.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $644.0K |
| D&A | $2M |
| EBIT | $779.0K |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $644.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $56.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $24.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$152.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $298.0K |
| Short-Term Investments | $0 |
| Net Receivables | $61M |
| Inventory | $115M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $189M |
| PP&E (Net) | $28M |
| Goodwill | $10M |
| Intangible Assets | $4M |
| Long-Term Investments | $8.0K |
| Tax Assets | $7M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $53M |
| TOTAL ASSETS | $242M |
| Account Payables | $69M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $90M |
| Long-Term Debt | $29M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $120M |
| Common Stock | $46M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $75M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $766.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $122M |
| Minority Interest | $0 |
| TOTAL EQUITY | $122M |
| TOTAL LIABILITIES & EQUITY | $242M |
| Total Debt | $35M |
| Net Debt | $35M |
