| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55M | $43M | $51M | 29.9% | 8.3% |
| Op. Income | $2M | $1M | -$3M | 27.7% | 149.1% |
| Gross Margin | 23.6% | 25.8% | 25.1% | -2.2pp | -1.5pp |
| Net Margin | 1.1% | 1.6% | 0.5% | -0.5pp | 0.6pp |
| EPS (Diluted) | $0.05 | $0.06 | $0.02 | -20.7% | 138.0% |
| Free Cash Flow | -$2M | $5M | -$2M | -145.9% | -2.5% |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $411.0K |
| Operating Expenses | $11M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $500.0K |
| Other Income/Expenses | -$517.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $457.0K |
| Net Income from Continuing Ops | $599.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $599.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $599.0K |
| D&A | $411.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $411.0K |
| Operating Expenses | $11M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $500.0K |
| Other Income/Expenses | -$517.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $457.0K |
| Net Income from Continuing Ops | $599.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $599.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $599.0K |
| D&A | $411.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $599.0K |
| Depreciation & Amortization | $411.0K |
| Stock-Based Compensation | $222.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $208.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$104.0K |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$228.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $482.0K |
| Short-Term Investments | $0 |
| Net Receivables | $55M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $59M |
| PP&E (Net) | $3M |
| Goodwill | $18M |
| Intangible Assets | $743.0K |
| Long-Term Investments | $0 |
| Tax Assets | $725.0K |
| Other Non-Current Assets | $214.0K |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $82M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $28M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $398.0K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $54M |
| Common Stock | $778.0K |
| Additional Paid-In Capital | $107M |
| Retained Earnings | -$63M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27M |
| Minority Interest | $0 |
| TOTAL EQUITY | $27M |
| TOTAL LIABILITIES & EQUITY | $82M |
| Total Debt | $28M |
| Net Debt | $27M |
