| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42M | $46M | $53M | -8.8% | -21.0% |
| Op. Income | $3M | -$5M | $2M | 174.4% | 66.8% |
| Gross Margin | 39.6% | 29.6% | 36.4% | 10.0pp | 3.2pp |
| Net Margin | 1.3% | -16.3% | 2.9% | 17.6pp | -1.6pp |
| EPS (Diluted) | $0.15 | $-4.06 | $0.41 | 103.7% | -63.4% |
| Free Cash Flow | $2M | $3M | $8M | -22.7% | -69.5% |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $742.0K |
| Income Tax Expense | $195.0K |
| Net Income from Continuing Ops | $547.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $547.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $547.0K |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $742.0K |
| Income Tax Expense | $195.0K |
| Net Income from Continuing Ops | $547.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $547.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $547.0K |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $547.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $29.0K |
| Deferred Income Tax | $126.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$645.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4.0K |
| NET CASH FROM INVESTING | -$645.0K |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$346.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$173.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $37M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $52M |
| PP&E (Net) | $41M |
| Goodwill | $37M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $50.0K |
| TOTAL NON-CURRENT ASSETS | $84M |
| TOTAL ASSETS | $136M |
| Account Payables | $6M |
| Short-Term Debt | $16M |
| Deferred Revenue | $78.0K |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $48M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $54M |
| TOTAL LIABILITIES | $102M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $64M |
| Retained Earnings | -$27M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35M |
| Minority Interest | $0 |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $136M |
| Total Debt | $76M |
| Net Debt | $74M |
