| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $7M | $7M | 6.6% | -0.9% |
| Op. Income | $1M | $1M | $2M | 1.4% | -17.1% |
| Gross Margin | 61.8% | 60.1% | 63.7% | 1.7pp | -1.9pp |
| Net Margin | 12.1% | 12.6% | 14.9% | -0.5pp | -2.8pp |
| EPS (Diluted) | $0.18 | $0.12 | $0.17 | 50.0% | 5.9% |
| Free Cash Flow | $690.6K | -$610.1K | -$53.6K | 213.2% | 1388.5% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $1M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $1M |
| Interest Income | $12.5K |
| Interest Expense | $109.0K |
| Other Income/Expenses | -$71.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $349.0K |
| Net Income from Continuing Ops | $872.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $872.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $615.6K |
| D&A | $518.7K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $1M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $1M |
| Interest Income | $12.5K |
| Interest Expense | $109.0K |
| Other Income/Expenses | -$71.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $349.0K |
| Net Income from Continuing Ops | $872.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $872.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $615.6K |
| D&A | $518.7K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $872.3K |
| Depreciation & Amortization | $518.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $758.4K |
| Other Non-Cash Items | -$5.4K |
| Change in Working Capital | $43.5K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$126.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $690.6K |
| Net Change in Cash | -$461.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $17M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $34M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $41M |
| TOTAL ASSETS | $68M |
| Account Payables | $859.2K |
| Short-Term Debt | $2M |
| Deferred Revenue | $604.8K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $9M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $22M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $49M |
| Minority Interest | $0 |
| TOTAL EQUITY | $49M |
| TOTAL LIABILITIES & EQUITY | $68M |
| Total Debt | $13M |
| Net Debt | $6M |
