| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $31M | $41M | 66.6% | 29.1% |
| Op. Income | $3M | -$2M | $6M | 262.3% | -54.4% |
| Gross Margin | 63.0% | 61.6% | 67.8% | 1.4pp | -4.8pp |
| Net Margin | 1.5% | -0.1% | 18.8% | 1.7pp | -17.2pp |
| EPS (Diluted) | $0.02 | $-0.00 | $0.16 | 1975.0% | -89.3% |
| Free Cash Flow | -$3M | -$15M | $4M | 82.1% | -172.3% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $33M |
| R&D Expenses | $17M |
| Selling & Marketing | -$3M |
| General & Administrative | $17M |
| SG&A Expenses | $14M |
| Other Expenses | -$1M |
| Operating Expenses | $30M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $924.8K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $425.6K |
| Net Income from Continuing Ops | $948.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$141.5K |
| NET INCOME | $806.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $806.7K |
| D&A | $3M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $33M |
| R&D Expenses | $17M |
| Selling & Marketing | -$3M |
| General & Administrative | $17M |
| SG&A Expenses | $14M |
| Other Expenses | -$1M |
| Operating Expenses | $30M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $924.8K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $425.6K |
| Net Income from Continuing Ops | $948.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$141.5K |
| NET INCOME | $806.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $806.7K |
| D&A | $3M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $806.7K |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$432.6K |
| OPERATING CASH FLOW | $568.2K |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $35.1K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $467.7K |
| Common Stock Repurchased | $43.3K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$999.6K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $75M |
| Short-Term Investments | $0 |
| Net Receivables | $28M |
| Inventory | $30M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $151M |
| PP&E (Net) | $81M |
| Goodwill | $0 |
| Intangible Assets | $49M |
| Long-Term Investments | $3M |
| Tax Assets | $6M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $158M |
| TOTAL ASSETS | $310M |
| Account Payables | $10M |
| Short-Term Debt | $2M |
| Deferred Revenue | $811.4K |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $48M |
| Long-Term Debt | $28M |
| Deferred Revenue NC | $855.8K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $103M |
| TOTAL LIABILITIES | $151M |
| Common Stock | $16M |
| Additional Paid-In Capital | $286M |
| Retained Earnings | -$198M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $53M |
| Other Equity | -$1.2K |
| TOTAL STOCKHOLDERS' EQUITY | $158M |
| Minority Interest | $0 |
| TOTAL EQUITY | $158M |
| TOTAL LIABILITIES & EQUITY | $310M |
| Total Debt | $100M |
| Net Debt | $24M |
