| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $57M | $50M | $46M | 15.0% | 22.9% |
| Op. Income | $6M | $3M | $2M | 88.9% | 183.2% |
| Gross Margin | 72.0% | 71.3% | 68.9% | 0.7pp | 3.1pp |
| Net Margin | 7.5% | 4.9% | 5.1% | 2.6pp | 2.4pp |
| EPS (Diluted) | $0.22 | $0.12 | $0.12 | 83.3% | 83.3% |
| Free Cash Flow | -$1M | -$1M | -$787.0K | -7.8% | -37.4% |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $41M |
| R&D Expenses | $1M |
| Selling & Marketing | $22M |
| General & Administrative | $11M |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $151.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $955.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $41M |
| R&D Expenses | $1M |
| Selling & Marketing | $22M |
| General & Administrative | $11M |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $151.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $955.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $955.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$115.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $89.0K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $954.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$284.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $31M |
| Net Receivables | $33M |
| Inventory | $19M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $108M |
| PP&E (Net) | $23M |
| Goodwill | $0 |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $43M |
| TOTAL ASSETS | $152M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $39M |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $92M |
| Retained Earnings | $21M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $26.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $113M |
| Minority Interest | $0 |
| TOTAL EQUITY | $113M |
| TOTAL LIABILITIES & EQUITY | $152M |
| Total Debt | $17M |
| Net Debt | -$6M |
