| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $58M | $43M | $128M | 36.0% | -54.9% |
| Op. Income | $3M | -$13M | $51M | 123.5% | -94.0% |
| Gross Margin | 95.6% | 98.3% | 90.6% | -2.8pp | 4.9pp |
| Net Margin | -24.7% | -56.7% | 26.3% | 32.0pp | -51.0pp |
| EPS (Diluted) | $-13.35 | $-22.65 | $28.80 | 41.1% | -146.4% |
| Free Cash Flow | $27M | $14M | -$27M | 90.9% | 200.8% |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $55M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $25M |
| Operating Expenses | $52M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $3M |
| Interest Income | $609.0K |
| Interest Expense | $17M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $210.0K |
| 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 | $26M |
| EBIT | $2M |
| EBITDA | $28M |
| EPS | -$13 |
| EPS Diluted | -$13 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $359.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$13.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13.0K |
| Net Debt Issuance | -$28M |
| Common Stock Repurchased | -$216.0K |
| Common Dividends Paid | -$216.0K |
| Other Financing Activities | $216.0K |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $0 |
| Net Receivables | $43M |
| Inventory | $3M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $182M |
| PP&E (Net) | $17M |
| Goodwill | $0 |
| Intangible Assets | $667M |
| Long-Term Investments | $10M |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $701M |
| TOTAL ASSETS | $883M |
| Account Payables | $5M |
| Short-Term Debt | $115M |
| Deferred Revenue | $100M |
| Other Current Liabilities | $820.0K |
| TOTAL CURRENT LIABILITIES | $223M |
| Long-Term Debt | $429M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $452M |
| TOTAL LIABILITIES | $675M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $405M |
| Retained Earnings | -$197M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $209M |
| Minority Interest | $0 |
| TOTAL EQUITY | $209M |
| TOTAL LIABILITIES & EQUITY | $883M |
| Total Debt | $544M |
| Net Debt | $434M |
