| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $82M | $73M | $83M | 11.9% | -2.3% |
| Op. Income | -$280.0K | -$2M | -$2M | 87.7% | 86.8% |
| Gross Margin | 21.4% | 21.1% | 24.3% | 0.4pp | -2.9pp |
| Net Margin | 1.1% | -4.3% | -3.2% | 5.4pp | 4.3pp |
| EPS (Diluted) | $0.03 | $-0.12 | $-0.10 | 125.0% | 130.0% |
| Free Cash Flow | $5M | -$2M | $3M | 340.4% | 43.2% |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $17M |
| R&D Expenses | $5M |
| Selling & Marketing | $17M |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $45.0K |
| Operating Expenses | $17M |
| Cost & Expenses | $82M |
| OPERATING INCOME | -$280.0K |
| Interest Income | $0 |
| Interest Expense | $528.0K |
| Other Income/Expenses | -$483.0K |
| INCOME BEFORE TAX | -$763.0K |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $862.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $862.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $862.0K |
| D&A | $2M |
| EBIT | -$234.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $862.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $30.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$270.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $32.0K |
| NET CASH FROM INVESTING | -$238.0K |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$15.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$720.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $966.0K |
| Short-Term Investments | $0 |
| Net Receivables | $56M |
| Inventory | $44M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $111M |
| PP&E (Net) | $32M |
| Goodwill | $10M |
| Intangible Assets | $33M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $90M |
| TOTAL ASSETS | $201M |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $40M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $41M |
| TOTAL LIABILITIES | $81M |
| Common Stock | $126M |
| Additional Paid-In Capital | $126M |
| Retained Earnings | -$6M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $16.0K |
| Other Equity | -$124M |
| TOTAL STOCKHOLDERS' EQUITY | $120M |
| Minority Interest | $0 |
| TOTAL EQUITY | $120M |
| TOTAL LIABILITIES & EQUITY | $201M |
| Total Debt | $40M |
| Net Debt | $39M |
