| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $73M | $90M | $79M | -18.7% | -7.6% |
| Op. Income | -$2M | -$20M | $743.0K | 88.8% | -405.9% |
| Gross Margin | 21.1% | 22.0% | 25.3% | -0.9pp | -4.2pp |
| Net Margin | -4.3% | -17.6% | 0.3% | 13.3pp | -4.6pp |
| EPS (Diluted) | $-0.12 | $-0.61 | $0.01 | 80.3% | -1300.0% |
| Free Cash Flow | -$2M | $5M | $7M | -144.6% | -130.0% |
| Item | Amount |
|---|---|
| REVENUE | $73M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $18M |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $75M |
| OPERATING INCOME | -$2M |
| Interest Income | $6.0K |
| Interest Expense | $585.0K |
| Other Income/Expenses | -$762.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $133.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $3M |
| EBIT | -$2M |
| EBITDA | $102.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $224.0K |
| Deferred Income Tax | $624.0K |
| Other Non-Cash Items | $921.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$769.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10.0K |
| NET CASH FROM INVESTING | -$779.0K |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $54M |
| Inventory | $52M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $111M |
| PP&E (Net) | $40M |
| Goodwill | $10M |
| Intangible Assets | $33M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $98M |
| TOTAL ASSETS | $209M |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $44M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $46M |
| TOTAL LIABILITIES | $88M |
| Common Stock | $126M |
| Additional Paid-In Capital | $126M |
| Retained Earnings | -$5M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$80M |
| Other Equity | -$44M |
| TOTAL STOCKHOLDERS' EQUITY | $120M |
| Minority Interest | $0 |
| TOTAL EQUITY | $120M |
| TOTAL LIABILITIES & EQUITY | $209M |
| Total Debt | $44M |
| Net Debt | $42M |
