| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $94M | $93M | $88M | 1.4% | 7.1% |
| Op. Income | $16M | $15M | $27M | 3.8% | -42.7% |
| Gross Margin | 74.7% | 72.4% | 94.3% | 2.4pp | -19.6pp |
| Net Margin | 15.4% | 12.5% | 10.1% | 2.9pp | 5.3pp |
| EPS (Diluted) | $0.34 | $0.27 | $0.25 | 25.9% | 36.0% |
| Free Cash Flow | $17M | $12M | -$24M | 36.8% | 171.0% |
| Item | Amount |
|---|---|
| REVENUE | $94M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | $14M |
| Operating Expenses | $55M |
| Cost & Expenses | $78M |
| OPERATING INCOME | $16M |
| Interest Income | $82M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $2M |
| EBIT | $16M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $94M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | $14M |
| Operating Expenses | $55M |
| Cost & Expenses | $78M |
| OPERATING INCOME | $16M |
| Interest Income | $82M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $2M |
| EBIT | $16M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $528.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $102M |
| Other Investing Activities | $241M |
| NET CASH FROM INVESTING | $289M |
| Net Debt Issuance | -$171M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$157M |
| NET CASH FROM FINANCING | -$328M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $86M |
| Short-Term Investments | $1.6B |
| Net Receivables | $74M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $124M |
| Goodwill | $19M |
| Intangible Assets | $0 |
| Long-Term Investments | $5.9B |
| Tax Assets | $16M |
| Other Non-Current Assets | $276M |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $8.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.0B |
| TOTAL CURRENT LIABILITIES | $6.0B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $7.4B |
| Common Stock | $4M |
| Additional Paid-In Capital | $385M |
| Retained Earnings | $394M |
| Treasury Stock | -$18M |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $747M |
| Minority Interest | $0 |
| TOTAL EQUITY | $747M |
| TOTAL LIABILITIES & EQUITY | $8.1B |
| Total Debt | $1.3B |
| Net Debt | $1.2B |
