| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $102M | $121M | $123M | -15.8% | -17.3% |
| Op. Income | $4M | $4M | $7M | -9.3% | -38.4% |
| Gross Margin | 30.9% | 24.8% | 26.2% | 6.1pp | 4.7pp |
| Net Margin | 1.5% | 2.4% | 4.0% | -0.9pp | -2.6pp |
| EPS (Diluted) | $0.14 | $0.27 | $0.46 | -48.1% | -69.6% |
| Free Cash Flow | $20M | $12M | $22M | 74.4% | -5.6% |
| Item | Amount |
|---|---|
| REVENUE | $102M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $31M |
| R&D Expenses | $3M |
| Selling & Marketing | $7M |
| General & Administrative | $17M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $4M |
| Interest Income | $472.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $762.0K |
| 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 | $4M |
| EBIT | $3M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $102M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $31M |
| R&D Expenses | $3M |
| Selling & Marketing | $7M |
| General & Administrative | $17M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $4M |
| Interest Income | $472.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $762.0K |
| 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 | $4M |
| EBIT | $3M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $969.0K |
| Deferred Income Tax | -$335.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $327.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$330.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$52.0K |
| Common Stock Repurchased | $1M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $127M |
| Short-Term Investments | $0 |
| Net Receivables | $76M |
| Inventory | $92M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $313M |
| PP&E (Net) | $69M |
| Goodwill | $64M |
| Intangible Assets | $24M |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $187M |
| TOTAL ASSETS | $500M |
| Account Payables | $29M |
| Short-Term Debt | $209.0K |
| Deferred Revenue | $18M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $82M |
| Long-Term Debt | $116M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $872.0K |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $150M |
| TOTAL LIABILITIES | $232M |
| Common Stock | $19M |
| Additional Paid-In Capital | $72M |
| Retained Earnings | $475M |
| Treasury Stock | -$277M |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $268M |
| Minority Interest | $0 |
| TOTAL EQUITY | $268M |
| TOTAL LIABILITIES & EQUITY | $500M |
| Total Debt | $116M |
| Net Debt | -$11M |
