| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $93M | $94M | $86M | -1.0% | 8.2% |
| Op. Income | $17M | $16M | $11M | 7.4% | 52.3% |
| Gross Margin | 73.2% | 74.7% | 77.5% | -1.5pp | -4.3pp |
| Net Margin | 14.1% | 15.4% | 11.0% | -1.3pp | 3.1pp |
| EPS (Diluted) | $0.30 | $0.34 | $0.27 | -11.8% | 11.1% |
| Free Cash Flow | $11M | $17M | $12M | -37.4% | -9.4% |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $35M |
| SG&A Expenses | $35M |
| Other Expenses | $17M |
| Operating Expenses | $51M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $17M |
| Interest Income | $80M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $2M |
| EBIT | $17M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $35M |
| SG&A Expenses | $35M |
| Other Expenses | $17M |
| Operating Expenses | $51M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $17M |
| Interest Income | $80M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $2M |
| EBIT | $17M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$110M |
| Sales/Maturities of Investments | $164M |
| Other Investing Activities | $179M |
| NET CASH FROM INVESTING | $231M |
| Net Debt Issuance | -$95M |
| Common Stock Repurchased | -$28M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$144M |
| NET CASH FROM FINANCING | -$239M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $1.6B |
| Net Receivables | $67M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $124M |
| Goodwill | $19M |
| Intangible Assets | $0 |
| Long-Term Investments | $5.8B |
| Tax Assets | $10M |
| Other Non-Current Assets | $273M |
| TOTAL NON-CURRENT ASSETS | $6.2B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.9B |
| TOTAL CURRENT LIABILITIES | $5.9B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $47M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $7.1B |
| Common Stock | $5M |
| Additional Paid-In Capital | $416M |
| Retained Earnings | $407M |
| Treasury Stock | -$46M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $779M |
| Minority Interest | $0 |
| TOTAL EQUITY | $779M |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
