| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $19M | $23M | -8.4% | -24.9% |
| Op. Income | -$936.8K | -$475.5K | $659.5K | -97.0% | -242.0% |
| Gross Margin | 25.9% | 28.0% | 30.4% | -2.1pp | -4.5pp |
| Net Margin | -6.2% | -3.3% | 1.9% | -3.0pp | -8.1pp |
| EPS (Diluted) | $-0.15 | $-0.08 | $0.06 | -77.7% | -350.0% |
| Free Cash Flow | $360.3K | $546.2K | $4M | -34.0% | -90.5% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $9.8K |
| Operating Expenses | $5M |
| Cost & Expenses | $18M |
| OPERATING INCOME | -$936.8K |
| Interest Income | $0 |
| Interest Expense | $135.6K |
| Other Income/Expenses | -$135.6K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $12.9K |
| 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 | $419.8K |
| EBIT | -$936.8K |
| EBITDA | -$517.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $419.8K |
| Stock-Based Compensation | $42.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14.4K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $403.8K |
| Capital Expenditure | -$43.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9.0K |
| NET CASH FROM INVESTING | -$43.5K |
| Net Debt Issuance | $434.3K |
| Common Stock Repurchased | -$76 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5.5K |
| NET CASH FROM FINANCING | $428.7K |
| FREE CASH FLOW | $360.3K |
| Net Change in Cash | $788.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $19M |
| Other Current Assets | $438.0K |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $664.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $83.8K |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $42M |
| Account Payables | $6M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $200.0K |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $70.3K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $20M |
| Common Stock | $14M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $8M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22M |
| Minority Interest | $0 |
| TOTAL EQUITY | $22M |
| TOTAL LIABILITIES & EQUITY | $42M |
| Total Debt | $12M |
| Net Debt | $11M |
