| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $39M | $40M | $37M | -2.3% | 5.2% |
| Op. Income | -$2M | -$2M | $1M | -2.6% | -293.5% |
| Gross Margin | 6.6% | 4.1% | 16.4% | 2.5pp | -9.7pp |
| Net Margin | 0.7% | -5.0% | -1.6% | 5.7pp | 2.3pp |
| EPS (Diluted) | $0.01 | $-0.04 | $-0.01 | 112.3% | 138.5% |
| Free Cash Flow | $450.0K | $238.0K | $1M | 89.1% | -66.5% |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $247.0K |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $41M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $501.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$692.0K |
| Income Tax Expense | -$962.0K |
| Net Income from Continuing Ops | $270.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $270.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $270.0K |
| D&A | $2M |
| EBIT | -$2M |
| EBITDA | -$855.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $270.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$605.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $785.0K |
| OPERATING CASH FLOW | $997.0K |
| Capital Expenditure | -$547.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$630.3K |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $450.0K |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $22M |
| Inventory | $22M |
| Other Current Assets | -$2M |
| TOTAL CURRENT ASSETS | $62M |
| PP&E (Net) | $77M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $18M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $98M |
| TOTAL ASSETS | $160M |
| Account Payables | $15M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $32M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $59M |
| Common Stock | $63M |
| Additional Paid-In Capital | $2M |
| Retained Earnings | $34M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $101M |
| Minority Interest | $0 |
| TOTAL EQUITY | $101M |
| TOTAL LIABILITIES & EQUITY | $160M |
| Total Debt | $38M |
| Net Debt | $26M |
