| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | $52M | $44M | -17.7% | -2.9% |
| Op. Income | $1M | $890.0K | $2M | 38.4% | -22.8% |
| Gross Margin | 25.8% | 24.6% | 26.7% | 1.2pp | -0.9pp |
| Net Margin | 1.6% | 0.7% | 2.3% | 0.9pp | -0.7pp |
| EPS (Diluted) | $0.06 | $0.03 | $0.08 | 100.0% | -25.0% |
| Free Cash Flow | $5M | $3M | $1M | 55.5% | 239.5% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $344.0K |
| Operating Expenses | $10M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $305.0K |
| Other Income/Expenses | -$295.0K |
| INCOME BEFORE TAX | $937.0K |
| Income Tax Expense | $253.0K |
| Net Income from Continuing Ops | $684.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $684.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $684.0K |
| D&A | $344.0K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $344.0K |
| Operating Expenses | $10M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $305.0K |
| Other Income/Expenses | -$295.0K |
| INCOME BEFORE TAX | $937.0K |
| Income Tax Expense | $253.0K |
| Net Income from Continuing Ops | $684.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $684.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $684.0K |
| D&A | $344.0K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $684.0K |
| Depreciation & Amortization | $344.0K |
| Stock-Based Compensation | $121.0K |
| Deferred Income Tax | $38.0K |
| Other Non-Cash Items | $622.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$816.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6.0K |
| NET CASH FROM INVESTING | -$810.0K |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $191.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $279.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $710.0K |
| Short-Term Investments | $0 |
| Net Receivables | $51M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $56M |
| PP&E (Net) | $4M |
| Goodwill | $12M |
| Intangible Assets | $65.0K |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $224.0K |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $73M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $24M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $424.0K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $49M |
| Common Stock | $755.0K |
| Additional Paid-In Capital | $105M |
| Retained Earnings | -$64M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25M |
| Minority Interest | $0 |
| TOTAL EQUITY | $25M |
| TOTAL LIABILITIES & EQUITY | $73M |
| Total Debt | $24M |
| Net Debt | $24M |
