| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $15M | $14M | 23.3% | 28.1% |
| Op. Income | $2M | $419.6K | -$1M | 332.4% | 268.7% |
| Gross Margin | 35.5% | 33.7% | 30.0% | 1.9pp | 5.6pp |
| Net Margin | 5.9% | 3.6% | -0.8% | 2.3pp | 6.8pp |
| EPS (Diluted) | $0.06 | $0.03 | $-0.01 | 100.0% | 805.9% |
| Free Cash Flow | $2M | -$2M | $682.6K | 181.9% | 143.5% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $7M |
| R&D Expenses | $1M |
| Selling & Marketing | $1M |
| General & Administrative | $336.2K |
| SG&A Expenses | $2M |
| Other Expenses | $2M |
| Operating Expenses | $5M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $54.1K |
| Other Income/Expenses | $112.2K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $832.1K |
| 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 | $415.4K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $7M |
| R&D Expenses | $1M |
| Selling & Marketing | $1M |
| General & Administrative | $336.2K |
| SG&A Expenses | $2M |
| Other Expenses | $2M |
| Operating Expenses | $5M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $54.1K |
| Other Income/Expenses | $112.2K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $832.1K |
| 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 | $415.4K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $415.4K |
| Stock-Based Compensation | $159.3K |
| Deferred Income Tax | $454.5K |
| Other Non-Cash Items | -$77.4K |
| Change in Working Capital | -$59.4K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$324.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$324.5K |
| Net Debt Issuance | -$755.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $18.2K |
| NET CASH FROM FINANCING | -$737.6K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $959.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $7M |
| Other Current Assets | $453.9K |
| TOTAL CURRENT ASSETS | $25M |
| PP&E (Net) | $4M |
| Goodwill | $7M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $47.1K |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $40M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $349.2K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $349.2K |
| TOTAL LIABILITIES | $11M |
| Common Stock | $1.6K |
| Additional Paid-In Capital | $31M |
| Retained Earnings | -$2M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17.8K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29M |
| Minority Interest | $500 |
| TOTAL EQUITY | $29M |
| TOTAL LIABILITIES & EQUITY | $40M |
| Total Debt | $2M |
| Net Debt | -$3M |
