| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $103M | $102M | $95M | 1.3% | 8.4% |
| Op. Income | -$496.0K | $3M | -$14M | -114.3% | 96.4% |
| Gross Margin | 41.3% | 42.2% | 37.4% | -0.9pp | 3.9pp |
| Net Margin | -9.1% | -4.2% | -25.1% | -4.9pp | 16.0pp |
| EPS (Diluted) | $-5.28 | $-2.40 | $-13.58 | -120.0% | 61.1% |
| Free Cash Flow | -$8M | -$10M | -$9M | 28.3% | 14.4% |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $43M |
| R&D Expenses | $8M |
| Selling & Marketing | $17M |
| General & Administrative | $18M |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $104M |
| OPERATING INCOME | -$496.0K |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $1M |
| EBIT | -$21M |
| EBITDA | -$19M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $591.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$953.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.0K |
| NET CASH FROM INVESTING | -$952.0K |
| Net Debt Issuance | $8M |
| Common Stock Repurchased | -$354.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$354.0K |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$169.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $96M |
| Inventory | $38M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $154M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $34.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $173M |
| Account Payables | $37M |
| Short-Term Debt | $2M |
| Deferred Revenue | $90M |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $178M |
| Long-Term Debt | $146M |
| Deferred Revenue NC | $37M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $194M |
| TOTAL LIABILITIES | $373M |
| Common Stock | $360.0K |
| Additional Paid-In Capital | $499M |
| Retained Earnings | -$698M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$200M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$200M |
| TOTAL LIABILITIES & EQUITY | $173M |
| Total Debt | $147M |
| Net Debt | $136M |
