| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $108M | $123M | $108M | -12.3% | -0.4% |
| Op. Income | -$88.0K | $3M | $779.0K | -103.4% | -111.3% |
| Gross Margin | 6.3% | 8.0% | 7.5% | -1.7pp | -1.2pp |
| Net Margin | -11.1% | 1.3% | 0.6% | -12.4pp | -11.7pp |
| EPS (Diluted) | $-1.11 | $0.15 | $0.06 | -840.0% | -1953.1% |
| Free Cash Flow | $6M | -$7M | $2M | 185.0% | 219.4% |
| Item | Amount |
|---|---|
| REVENUE | $108M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $7M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $12M |
| Operating Expenses | $19M |
| Cost & Expenses | $120M |
| OPERATING INCOME | -$88.0K |
| Interest Income | $0 |
| Interest Expense | $720.0K |
| Other Income/Expenses | -$720.0K |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $2M |
| EBIT | -$13M |
| EBITDA | -$11M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $80.0K |
| Deferred Income Tax | -$805.0K |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$789.0K |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3.0K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$27.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $165.0K |
| Short-Term Investments | $0 |
| Net Receivables | $76M |
| Inventory | $95M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $188M |
| PP&E (Net) | $29M |
| Goodwill | $0 |
| Intangible Assets | $733.0K |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $40M |
| TOTAL ASSETS | $228M |
| Account Payables | $69M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $88M |
| Long-Term Debt | $27M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $476.0K |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $115M |
| Common Stock | $47M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $65M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $113M |
| Minority Interest | $0 |
| TOTAL EQUITY | $113M |
| TOTAL LIABILITIES & EQUITY | $228M |
| Total Debt | $33M |
| Net Debt | $32M |
