| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $96M | $93M | — | 3.6% | — |
| Op. Income | -$330.4K | $2M | — | -117.7% | — |
| Gross Margin | 6.5% | 7.5% | — | -0.9pp | — |
| Net Margin | 0.0% | 1.0% | — | -1.0pp | — |
| EPS (Diluted) | $0.00 | $0.03 | — | -90.5% | — |
| Free Cash Flow | -$8M | $0 | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $96M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $6M |
| R&D Expenses | $464.6K |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $96M |
| OPERATING INCOME | -$330.4K |
| Interest Income | $25.0K |
| Interest Expense | $325.2K |
| Other Income/Expenses | $462.4K |
| INCOME BEFORE TAX | $132.0K |
| Income Tax Expense | $173.5K |
| Net Income from Continuing Ops | -$41.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35.3K |
| D&A | $515.2K |
| EBIT | $457.3K |
| EBITDA | $972.5K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $35.3K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $418.9K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$454.2K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $8M |
| Net Receivables | $46M |
| Inventory | $2M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $76M |
| PP&E (Net) | $4M |
| Goodwill | $4M |
| Intangible Assets | $10M |
| Long-Term Investments | $250.5K |
| Tax Assets | $568.6K |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $32M |
| TOTAL ASSETS | $109M |
| Account Payables | $34M |
| Short-Term Debt | $21M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $66M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $151M |
| Deferred Tax Liabilities | $373.3K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $156M |
| TOTAL LIABILITIES | $222M |
| Common Stock | $2.5K |
| Additional Paid-In Capital | $63M |
| Retained Earnings | -$177M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$179.8K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$114M |
| Minority Interest | $419.3K |
| TOTAL EQUITY | -$113M |
| TOTAL LIABILITIES & EQUITY | $109M |
| Total Debt | $23M |
| Net Debt | $4M |
