| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $27M | $30M | 10.1% | 1.7% |
| Op. Income | $713.0K | -$1M | $649.0K | 159.0% | 9.9% |
| Gross Margin | 12.1% | 8.5% | 11.5% | 3.6pp | 0.6pp |
| Net Margin | 1.4% | -5.7% | 1.2% | 7.1pp | 0.1pp |
| EPS (Diluted) | $0.16 | $-0.58 | $0.14 | 127.6% | 14.3% |
| Free Cash Flow | $2M | -$979.0K | -$618.0K | 279.6% | 384.5% |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $589.0K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $713.0K |
| Interest Income | $0 |
| Interest Expense | $256.0K |
| Other Income/Expenses | -$256.0K |
| INCOME BEFORE TAX | $457.0K |
| Income Tax Expense | $44.0K |
| Net Income from Continuing Ops | $413.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $413.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $413.0K |
| D&A | $552.0K |
| EBIT | $713.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $589.0K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $713.0K |
| Interest Income | $0 |
| Interest Expense | $256.0K |
| Other Income/Expenses | -$256.0K |
| INCOME BEFORE TAX | $457.0K |
| Income Tax Expense | $44.0K |
| Net Income from Continuing Ops | $413.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $413.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $413.0K |
| D&A | $552.0K |
| EBIT | $713.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $413.0K |
| Depreciation & Amortization | $552.0K |
| Stock-Based Compensation | $35.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $293.0K |
| Change in Working Capital | $717.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$252.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12.0K |
| NET CASH FROM INVESTING | -$252.0K |
| Net Debt Issuance | -$603.0K |
| Common Stock Repurchased | -$4.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$607.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $160.0K |
| Short-Term Investments | $0 |
| Net Receivables | $27M |
| Inventory | $17M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $48M |
| PP&E (Net) | $15M |
| Goodwill | $2M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $19.0K |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $67M |
| Account Payables | $18M |
| Short-Term Debt | $2M |
| Deferred Revenue | -$1M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $118.0K |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $47M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $16M |
| Retained Earnings | $4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$289.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20M |
| Minority Interest | $0 |
| TOTAL EQUITY | $20M |
| TOTAL LIABILITIES & EQUITY | $67M |
| Total Debt | $23M |
| Net Debt | $23M |
