| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | $61M | $64M | -1.9% | -7.2% |
| Op. Income | $6M | $4M | $5M | 35.8% | 29.0% |
| Gross Margin | 36.9% | 34.1% | 32.5% | 2.8pp | 4.5pp |
| Net Margin | 5.4% | 5.4% | 4.3% | -0.1pp | 1.1pp |
| EPS (Diluted) | $0.05 | $0.06 | $0.05 | -2.3% | 16.4% |
| Free Cash Flow | -$16M | $0 | $3M | — | -571.5% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $9M |
| Operating Expenses | $22M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $6M |
| Interest Income | $12.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| 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 | $5M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $9M |
| Operating Expenses | $22M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $6M |
| Interest Income | $12.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| 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 | $5M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $27.1K |
| Deferred Income Tax | -$51.3K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$247.5K |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $10M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | $33M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $106M |
| Inventory | $18M |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $181M |
| PP&E (Net) | $92M |
| Goodwill | $154.8K |
| Intangible Assets | $6M |
| Long-Term Investments | $2M |
| Tax Assets | $3M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $136M |
| TOTAL ASSETS | $318M |
| Account Payables | $32M |
| Short-Term Debt | $1M |
| Deferred Revenue | $19M |
| Other Current Liabilities | $76M |
| TOTAL CURRENT LIABILITIES | $153M |
| Long-Term Debt | $35M |
| Deferred Revenue NC | $13M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $50M |
| TOTAL LIABILITIES | $203M |
| Common Stock | $19M |
| Additional Paid-In Capital | $205M |
| Retained Earnings | -$114M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $579.2K |
| Other Equity | $3M |
| TOTAL STOCKHOLDERS' EQUITY | $114M |
| Minority Interest | $0 |
| TOTAL EQUITY | $114M |
| TOTAL LIABILITIES & EQUITY | $318M |
| Total Debt | $88M |
| Net Debt | $68M |
