| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | $46M | $35M | -4.2% | 26.5% |
| Op. Income | $3M | $3M | $2M | 29.4% | 68.8% |
| Gross Margin | 17.9% | 14.8% | 18.6% | 3.1pp | -0.8pp |
| Net Margin | 6.7% | 4.1% | 5.1% | 2.5pp | 1.5pp |
| EPS (Diluted) | $0.47 | $0.30 | $0.28 | 56.7% | 67.9% |
| Free Cash Flow | $4M | $10M | -$3M | -60.9% | 253.0% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $8M |
| R&D Expenses | $2M |
| Selling & Marketing | $800.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | -$2M |
| Operating Expenses | $4M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $8.0K |
| Other Income/Expenses | -$94.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $439.0K |
| 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 | $1M |
| EBIT | $3M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $8M |
| R&D Expenses | $2M |
| Selling & Marketing | $800.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | -$2M |
| Operating Expenses | $4M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $8.0K |
| Other Income/Expenses | -$94.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $439.0K |
| 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 | $1M |
| EBIT | $3M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $398.0K |
| Deferred Income Tax | $255.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$856.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $65.0K |
| NET CASH FROM INVESTING | -$791.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$7.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $28.0K |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $27M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $80M |
| PP&E (Net) | $38M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $40M |
| TOTAL ASSETS | $120M |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $40M |
| Common Stock | $88.0K |
| Additional Paid-In Capital | $29M |
| Retained Earnings | $67M |
| Treasury Stock | -$16M |
| Accum. Other Comp. Income | -$561.0K |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $80M |
| Minority Interest | $0 |
| TOTAL EQUITY | $80M |
| TOTAL LIABILITIES & EQUITY | $120M |
| Total Debt | $16M |
| Net Debt | -$16M |
