Reported December 29, 2020
| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $74M | — | $58M | — | 28.0% |
| Op. Income | $2M | — | $5M | — | -68.5% |
| Gross Margin | 34.8% | — | 40.8% | — | -6.0pp |
| Net Margin | 3.2% | — | 8.1% | — | -4.9pp |
| EPS (Diluted) | $0.04 | — | $0.08 | — | -45.6% |
| Free Cash Flow | $7M | — | $409.0K | — | 1585.8% |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $26M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $133.0K |
| Other Income/Expenses | $851.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $82.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $1M |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $26M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $133.0K |
| Other Income/Expenses | $851.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $82.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $1M |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $111.0K |
| Other Non-Cash Items | -$224.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$464.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $14.0K |
| NET CASH FROM INVESTING | -$450.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $0 |
| Net Receivables | $27M |
| Inventory | $29M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $97M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $472.0K |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $112M |
| Account Payables | $43M |
| Short-Term Debt | $29M |
| Deferred Revenue | $810.0K |
| Other Current Liabilities | $542.0K |
| TOTAL CURRENT LIABILITIES | $82M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $314.0K |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $100M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $833.0K |
| Retained Earnings | $9M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | $0 |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $112M |
| Total Debt | $34M |
| Net Debt | $6M |