| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $19M | $19M | -27.3% | -28.8% |
| Op. Income | -$889.1K | $859.3K | $2M | -203.5% | -149.4% |
| Gross Margin | 17.1% | 24.2% | 28.9% | -7.1pp | -11.8pp |
| Net Margin | -5.5% | 3.3% | 6.6% | -8.7pp | -12.1pp |
| EPS (Diluted) | $-0.59 | $0.48 | $0.98 | -222.9% | -160.2% |
| Free Cash Flow | $3M | -$2M | $4M | 213.1% | -33.5% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $2M |
| R&D Expenses | $13.0K |
| Selling & Marketing | $2M |
| General & Administrative | $1M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$889.1K |
| Interest Income | $0 |
| Interest Expense | $108.9K |
| Other Income/Expenses | -$108.9K |
| INCOME BEFORE TAX | -$998.0K |
| Income Tax Expense | -$240.0K |
| Net Income from Continuing Ops | -$757.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$757.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$757.9K |
| D&A | $77.2K |
| EBIT | -$889.1K |
| EBITDA | -$811.9K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$757.9K |
| Depreciation & Amortization | $80.5K |
| Stock-Based Compensation | $5.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$304.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$304.4K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $518.6K |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $8M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $24M |
| Account Payables | $7M |
| Short-Term Debt | $851.7K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $227.5K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $583.7K |
| TOTAL LIABILITIES | $17M |
| Common Stock | $385.6K |
| Additional Paid-In Capital | $20M |
| Retained Earnings | -$13M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $24M |
| Total Debt | $2M |
| Net Debt | $1M |
