| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $46M | $49M | 6.1% | 0.8% |
| Op. Income | $275.0K | $1M | $3M | -74.3% | -90.5% |
| Gross Margin | 9.0% | 9.8% | 14.6% | -0.8pp | -5.5pp |
| Net Margin | 0.4% | 2.0% | 5.2% | -1.6pp | -4.8pp |
| EPS (Diluted) | $0.01 | $0.04 | $0.12 | -76.8% | -92.3% |
| Free Cash Flow | $10M | $1M | $4M | 664.6% | 153.0% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $4M |
| Operating Expenses | $4M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $275.0K |
| Interest Income | $0 |
| Interest Expense | $540.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $275.0K |
| Income Tax Expense | $74.0K |
| Net Income from Continuing Ops | $201.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $201.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101.0K |
| D&A | $204.0K |
| EBIT | $815.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $4M |
| Operating Expenses | $4M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $275.0K |
| Interest Income | $0 |
| Interest Expense | $540.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $275.0K |
| Income Tax Expense | $74.0K |
| Net Income from Continuing Ops | $201.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $201.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101.0K |
| D&A | $204.0K |
| EBIT | $815.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $201.0K |
| Depreciation & Amortization | $204.0K |
| Stock-Based Compensation | $52.0K |
| Deferred Income Tax | -$901.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$29.0K |
| Acquisitions (Net) | $15M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$134.0K |
| Common Dividends Paid | -$399.0K |
| Other Financing Activities | $8.0K |
| NET CASH FROM FINANCING | -$525.0K |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $210M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $232M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$145M |
| TOTAL NON-CURRENT ASSETS | $90M |
| TOTAL ASSETS | $344M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | -$24M |
| TOTAL CURRENT LIABILITIES | $209M |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $205M |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $243M |
| Common Stock | $22M |
| Additional Paid-In Capital | $57M |
| Retained Earnings | $37M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $101M |
| Minority Interest | $0 |
| TOTAL EQUITY | $101M |
| TOTAL LIABILITIES & EQUITY | $344M |
| Total Debt | $34M |
| Net Debt | $21M |
