| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $64M | $55M | $56M | 16.0% | 15.8% |
| Op. Income | $5M | $3M | $3M | 44.5% | 75.8% |
| Gross Margin | 32.5% | 33.6% | 34.9% | -1.2pp | -2.4pp |
| Net Margin | 4.3% | 5.5% | 3.5% | -1.1pp | 0.8pp |
| EPS (Diluted) | $0.05 | $0.05 | $0.03 | -8.7% | 40.4% |
| Free Cash Flow | $3M | $0 | -$2M | — | 266.8% |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $8M |
| Operating Expenses | $21M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $366.4K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $4M |
| EBIT | $4M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $8M |
| Operating Expenses | $21M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $366.4K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $4M |
| EBIT | $4M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $10.6K |
| Deferred Income Tax | -$72.4K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $32.9K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $129.4K |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$877.1K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $94M |
| Inventory | $7M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $149M |
| PP&E (Net) | $77M |
| Goodwill | $154.8K |
| Intangible Assets | $6M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $110M |
| TOTAL ASSETS | $259M |
| Account Payables | $30M |
| Short-Term Debt | $2M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $84M |
| TOTAL CURRENT LIABILITIES | $130M |
| Long-Term Debt | $21M |
| Deferred Revenue NC | $10M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $164M |
| Common Stock | $16M |
| Additional Paid-In Capital | $198M |
| Retained Earnings | -$123M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $356.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $96M |
| Minority Interest | $0 |
| TOTAL EQUITY | $96M |
| TOTAL LIABILITIES & EQUITY | $259M |
| Total Debt | $61M |
| Net Debt | $40M |
