| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | $44M | $35M | -12.8% | 9.6% |
| Op. Income | $6M | $11M | $4M | -47.1% | 40.0% |
| Gross Margin | 25.7% | 69.0% | 19.1% | -43.3pp | 6.6pp |
| Net Margin | 13.2% | 22.7% | 12.2% | -9.6pp | 0.9pp |
| EPS (Diluted) | $0.18 | $0.35 | $0.15 | -48.6% | 20.0% |
| Free Cash Flow | $4M | $8M | -$15M | -48.6% | 127.4% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $930.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $6M |
| Interest Income | $439.0K |
| Interest Expense | $61.0K |
| Other Income/Expenses | $378.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $968.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $5M |
| EBIT | $6M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $930.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $6M |
| Interest Income | $439.0K |
| Interest Expense | $61.0K |
| Other Income/Expenses | $378.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $968.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $5M |
| EBIT | $6M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $420.0K |
| Deferred Income Tax | $849.0K |
| Other Non-Cash Items | $2.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $363.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$203.0K |
| Common Dividends Paid | -$31M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $0 |
| Net Receivables | $23M |
| Inventory | $13M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $93M |
| PP&E (Net) | $154M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $423.0K |
| TOTAL NON-CURRENT ASSETS | $156M |
| TOTAL ASSETS | $249M |
| Account Payables | $4M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $31M |
| Common Stock | $663.0K |
| Additional Paid-In Capital | $27M |
| Retained Earnings | $244M |
| Treasury Stock | -$55M |
| Accum. Other Comp. Income | -$1.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $217M |
| Minority Interest | $0 |
| TOTAL EQUITY | $217M |
| TOTAL LIABILITIES & EQUITY | $249M |
| Total Debt | $3M |
| Net Debt | -$51M |
