| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $17M | $20M | 5.1% | -10.0% |
| Op. Income | -$529.0K | -$936.8K | -$147.0K | 43.5% | -259.9% |
| Gross Margin | 27.1% | 25.9% | 32.9% | 1.2pp | -5.8pp |
| Net Margin | -3.6% | -6.2% | -1.7% | 2.6pp | -1.9pp |
| EPS (Diluted) | $-0.09 | $-0.15 | $-0.05 | 40.1% | -71.0% |
| Free Cash Flow | -$246.3K | $360.3K | $2M | -168.4% | -112.5% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $5M |
| R&D Expenses | $1M |
| Selling & Marketing | $537 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $5.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$529.0K |
| Interest Income | $0 |
| Interest Expense | $139.3K |
| Other Income/Expenses | -$124.3K |
| INCOME BEFORE TAX | -$653.0K |
| Income Tax Expense | $4.0K |
| Net Income from Continuing Ops | -$657.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $418 |
| NET INCOME | -$657.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$656.6K |
| D&A | $426.5K |
| EBIT | -$513.7K |
| EBITDA | -$87.5K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$656.6K |
| Depreciation & Amortization | $426.5K |
| Stock-Based Compensation | $39.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3.9K |
| Change in Working Capital | -$49.6K |
| OPERATING CASH FLOW | -$236.5K |
| Capital Expenditure | -$9.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5.4K |
| NET CASH FROM INVESTING | -$9.9K |
| Net Debt Issuance | -$315.7K |
| Common Stock Repurchased | -$240 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$316.0K |
| FREE CASH FLOW | -$246.3K |
| Net Change in Cash | -$562.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $537.0K |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $18M |
| Other Current Assets | $94.7K |
| TOTAL CURRENT ASSETS | $29M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $659.3K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $57.5K |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $40M |
| Account Payables | $5M |
| Short-Term Debt | $6M |
| Deferred Revenue | -$27 |
| Other Current Liabilities | $135.4K |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $71.3K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $14M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | $0 |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $40M |
| Total Debt | $12M |
| Net Debt | $11M |
