| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | $27M | $27M | -0.9% | -1.6% |
| Op. Income | $3M | $1M | $7M | 93.9% | -61.5% |
| Gross Margin | 59.0% | 58.6% | 59.6% | 0.4pp | -0.6pp |
| Net Margin | 5.3% | 3.2% | 15.8% | 2.1pp | -10.5pp |
| EPS (Diluted) | $0.36 | $0.21 | $1.08 | 71.4% | -66.7% |
| Free Cash Flow | $10M | $10M | $9M | 4.9% | 8.8% |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $16M |
| R&D Expenses | $967.0K |
| Selling & Marketing | $3M |
| General & Administrative | $8M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$590.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $567.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $2M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $16M |
| R&D Expenses | $967.0K |
| Selling & Marketing | $3M |
| General & Administrative | $8M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$590.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $567.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $2M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$90.0K |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$55.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$55.0K |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$619.0K |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $7M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $22M |
| Goodwill | $66M |
| Intangible Assets | $33M |
| Long-Term Investments | -$246.0K |
| Tax Assets | $1M |
| Other Non-Current Assets | $246.0K |
| TOTAL NON-CURRENT ASSETS | $123M |
| TOTAL ASSETS | $157M |
| Account Payables | $3M |
| Short-Term Debt | $2M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $21M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $105.0K |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $45M |
| Common Stock | $40M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $73M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $111M |
| Minority Interest | $0 |
| TOTAL EQUITY | $111M |
| TOTAL LIABILITIES & EQUITY | $157M |
| Total Debt | $23M |
| Net Debt | $13M |
